INDIANAPOLIS — Eli Lilly and Co. is moving ahead with a $10 million solar panel installation project on their two Indianapolis corporate campuses. The project involves building five large solar panel system. Three of the solar panels will be built on the Lilly Corporate Center headquarters on the southern edge of downtown Indianapolis and the other two will be build at the Lilly Technology Center.
The purpose of the project is to generate power for the company to reduce their carbon footprint. Lilly officials estimate they will be able to generate 3.9 gigawatt hours a year, which is enough to power over 350 homes. Lilly has already installed solar panels on their France, Italy, Ireland and Puerto Rico campuses.
The solar panels are scheduled to installed on the corporate headquarter campus later this year, and Lilly officials estimate the panels will be able to power 4-5% of the company’s needs. The solar panels for the technology center are slated for installation in late 2024. Lilly officials estimate the panels will be able to power up to 1% of the electrical needs for the center. There are no figures for how much electricity the campuses use each year.
The corporate headquarter panels are designed to be installed atop parking garages P1, along Madison Avenue, and P3, along East Street. At the tech center, the solar panels will be installed into a parking canopy, similar to IndyGo’s Julia Carson Transit Center in downtown Indianapolis.
According to their latest environmental report, released earlier this year, Lilly achieved over a 20% reduction in greenhouse gas emissions between 2020 and 2022 despite their significant business growth during the same time period.