Press release
Alliant Energy announces plans for largest solar and battery facility in Iowa
The company files its plan with IUB to acquire a portion of the Duane Arnold Solar Project from NextEra Energy Resources and to repurpose land from the former
About this update from Alliant Energy Corporation
[{"type":"text","content":"The company files its plan with IUB to acquire a portion of the Duane Arnold Solar Project from NextEra Energy Resources and to repurpose land from the former Duane Arnold nuclear energy site\nCEDAR RAPIDS, Iowa, Nov. 02, 2021 (GLOBE NEWSWIRE) -- Today, in a filing with the Iowa Utilities Board (IUB), Alliant Energy (NASDAQ: LNT) announces plans for adding the first portion of its planned 400 megawatts (MW) of solar energy generation in Iowa. In the filing, Alliant Energy details its intent to acquire 200 MW of solar energy and 75 MW of battery energy storage from Phase I and II of the Duane Arnold Solar Project that will be developed by wholly owned, indirect subsidiaries of NextEra Energy Resources, LLC in Linn County. Once operational, Alliant Energy will own and operate both projects. Today’s announcement is the first major milestone for Alliant Energy in executing its Clean Energy Blueprint in Iowa. Once operational, expected by year-end 2024, the project positions Alliant Energy as the largest combined solar and battery storage operator in the state. Pairing battery storage with solar cost-effectively meets customer demand and ensures safe and reliable service for customers. The combination also contributes to a healthier environment and serves as a local economic catalyst as the company continues accelerating its transition to delivering cleaner, more renewable energy for customers and the communities Alliant Energy serves. “It’s part of our purpose-driven strategy of serving customers and building stronger communities,” said Terry Kouba, president of Alliant Energy’s Iowa energy company. “Our plan also keeps customer affordability at the forefront. We are excited to transition land from the decommissioned nuclear facility into the largest solar and battery storage facility in Iowa.” The development and construction of the 200 MW of solar energy and 75 MW of battery storage at the Duane Arnold Solar Project will create up to 200 new construction jobs. According to an economic impact study conducted by Strategic Economic Research, the two projects will have a projected combined positive economic output of up to $260 million on the state of Iowa (including up to $154 million in Linn County). That includes the cumulative ripple effects of new jobs, wages, tax revenue and other economic activity during construction and throug...