IN emerges as national leader in clean energy innovation

September 27, 2024

Indiana is positioning itself as a national leader in clean energy, driving economic growth through innovative projects and significant investments.

Economic development officials said Indiana’s heavy industry and manufacturing capabilities make it a natural partner for emerging technologies like carbon capture, hydrogen and solar power.

Andrea Richter-Garry, senior vice president of global strategy for the Indiana Economic Development Corporation, said clean energy is transforming the state’s economy and creating new opportunities.

“A great example of that would be Heidelberg Materials down in Mitchell, Indiana, receiving a huge Department of Energy grant to be able to push forward a carbon capture project that will lead to low carbon cement,” Richter-Garry outlined. “Wabash Valley just announced a huge project in Terre Haute.”

Some opponents have said the best approach is to hold back on renewables, arguing technology will get better and be less disruptive to landscapes. Richter-Garry countered Indiana’s manufacturing strength is a critical component of the transition. The clean energy industry has brought in $12 billion in capital investments, more than $40 million annually in taxes, and about $35 million a year in lease payments to Indiana landowners.

Richter-Garry noted Indiana’s workforce and existing infrastructure are well-suited to produce essential clean energy components, including wind turbines and solar panels, helping meet national and global energy goals.

“The Mammoth Solar project, that 13,000-acre solar farm is going to generate 1.3 gigawatts of power,” Richter-Garry pointed out. “That’s 75,000 homes. Indiana again has the correct kind of landscape as well as some of the local partnerships to be able to continue that trend.”

Indiana’s clean energy initiatives are not just about sustainability, they are about securing the state’s economic future. By leveraging its strengths in manufacturing and innovation, Indiana is paving the way for a prosperous green economy to benefit communities across the state.

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