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Vertellus Property Transformed into 43-Acre Solar Farm

Maywood Solar Farm will curb emissions by 13,000 metric tons annually  

(April 11, 2014, Indianapolis, Ind., USA) – An idle property owned by Vertellus has been transformed into an alternative energy source that will curb carbon dioxide emissions by more than 13,000 metric tons annually for up to 30 years. On April 9, Vertellus joined project partners in a ribbon cutting ceremony celebrating the newly operational Maywood Solar Farm located on 43 acres near Vertellus’ Indianapolis headquarters.

The solar farm reflects Vertellus’ commitment to investing in continual process improvements that benefit customers and the communities in which the company operates. Remarking on the solar power facility, Vertellus President and CEO Rich Preziotti said, “The projected reductions in carbon dioxide emissions are substantial – equal to the annual carbon emissions of more than 2,700 passenger cars or 1,800 homes. The solar farm is transforming unused land into a productive asset.”  

The 10.86 megawatt direct current solar farm was completed under the 2012 Indianapolis Power & Light Company’s (IPL) Rate Renewable Energy Production (REP) program. “The U.S. energy environment is highly competitive, and Vertellus is proud to partner with like-minded parties that share our interest in energy efficiency. This solar facility underscores Vertellus’ commitment to invest in technologies and infrastructure that benefit the environments where our employees live and work,” Preziotti said.

Ready access to the property owned by Vertellus facilitated a timely production timeline. Construction began in July 2013, and the Maywood Solar Farm was completed and operational in March 2014. Partners in the solar farm effort included IPL, Hanwha Q CELLS, the U.S. EPA, and Indiana Department of Environmental Management.