3.18 MW Ground-Mounted Solar Array
Equity Industrial Partners Corp.,
The Melink Corporation developed, integrated, and with support from U.S. Bank Corp and Union Bank & Trust, now operates a 3.18 MW roof-mounted array, one of the largest roof mounted solar PV installations in the Midwest. The array is connected to Indianapolis Power & Light Company’s (IPL) distribution system, making it part of the largest solar photovoltaic (PV) program for an investor owned utility in the Midwest. Construction began in March 2014 and the system was commissioned in August 2014.
Located on a 600,000 square foot roof in Indianapolis, Indiana, the array consists of 12,264 solar photovoltaic modules and is estimated to produce approximately 4.4 million kWh per year. The system supports Equity Industrial Partners Corp. (EIP) initiatives to be a good environmental steward.
Melink will be selling the energy, capacity, and green attributes to IPL via a Power Purchase Agreement (PPA) for 15 years.
The site is being leased from EIP for 15 years. After the initial 15 year PPA term and lease agreement have expired, Melink will work with IPL and EIP to continue to sell the energy, capacity, and green attributes and operate the system for another 10 to 15 years.