Hallador Energy Company is joining with Hoosier Energy Rural Electric Cooperative to develop up to 1,000 megawatts of renewable power. The new generation will be located near the Merom Coal Generation Station in Sullivan, Indiana, which Hoosier Energy expects to retire in May of 2023.
The plan calls for Hallador to develop about 200MW of energy from solar and battery storage through power purchase agreements with Hoosier Energy in 2025. Hallador will seek other customers to develop the remaining generation capacity at the Merom interconnection site.
“We are excited for the opportunity to work with Hallador Energy and open a path for them to develop renewable energy near the Merom Station,” said Donna Walker, president and chief executive officer of Hoosier Energy. “While it may seem surprising for a coal producer to assist with a renewable transition, Hallador has been helping serving the needs of Hoosier Energy for 17 years.”
Hallador is headquartered in Terre Haute, Indiana.
