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Project Details

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Arevon is proud to be building the Ratts 2 Solar Project, located in Knox County, Indiana.

Here is a snapshot of the project:

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Size

150 megawatts (MW) AC

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Location

Knox County, Indiana. The power will be transmitted to the Hoosier Energy Ratts Substation interconnection point.

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Land Area

The project will have a footprint of approximately 1,200 acres of land to locate solar panel arrays, an operations and maintenance building, inverters and access roads.

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Investment

$128 million direct investment

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Power Generation

The project is expected to generate enough solar energy to power the average electricity consumption of approximately 28,000 Indiana homes each year.

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Project Life

Once constructed, the project has a 35-year useful life. After this time, it will be decommissioned in accordance with a decommissioning plan and bond.

Economic Development Study

A study conducted by Gnarly Tree Sustainability Institute, in collaboration with Dr. Kenneth Richards of Indiana University's O'Neill School of Public and Environmental Affairs, reported that the Ratts 2 project would bring broad economic benefits to Knox County, including:

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Direct Construction Jobs

Employment of varying durations for the equivalent of 188 full-time, full-year jobs.

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Direct Operations Jobs

Full-time employment for four workers overseeing operations and maintenance for the expected 35-year project life.

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Local Goods and Services

Annual expenditures on goods and services in excess of $350,000 per year for 35 years.

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Gross Domestic Product

Contribution of $20.9 million to Knox County GDP during construction with an additional $941,000 per year during operations.

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Economic Ripples

Additional jobs and spending as an indirect outcome of economic activities created by the project.

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Benefits

Community Benefits

  • Generates property and sales tax revenue for schools, first responders and other local needs

  • Compensates landowners for land use providing stable income source for over 35 years

  • Contracts with local businesses and services

  • Does not place heavy burden on government-supported services like schools and roads

  • Results in secondary economic activity for local restaurants, hotels and other retail and wholesale businesses

For more information, please visit our FAQ section

Power Benefits

  • Does not need external fuel inputs, reducing transportation risks and increasing reliability

  • Will help Indiana meet its power needs

Environmental Benefits

  • Produces zero-emissions power that does not contribute to local pollution or global climate change

  • Generates power with no noise or smell

  • Will help Indiana meet its clean energy and climate goals

Learn more about how solar energy works
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