Tampa Electric gets approval to buy power supplied by proposed 25MW Florida Solar I project


The Florida Public Service Commission has approved Tampa Electric’s contract to purchase solar power supplied by the Florida Solar I project, a proposed 25MW solar electric generating station, for a 25-year period beginning in 2011. The system will be developed, built, and operated by Energy 5.0 on a 350-acre site in Polk County.

The project will include approximately 100,000 crystalline-silicon-based photovoltaic panels, which will be capable of producing over 48,000 megawatt-hours of electricity per year, or enough output to serve the electric energy needs of more than 3,400 homes.

Tampa Electric filed a petition with the commission in March for approval to purchase the energy generated by Energy 5.0’s Florida Solar I project, and the developer was the successful bidder.

The parties also say the contract will also promote the state’s goal of encouraging the production of renewable energy produced by generating facilities in Florida; provide the basis for significant new investment, economic development and job creation in Polk County and in the state; reduce the environmental impacts associated with electricity generation; protect the company and its customers from technical and operational risks through its energy-only, fixed pricing; and provide fuel diversity benefits.

This article requires Premium SubscriptionBasic (FREE) Subscription

Unlock unlimited access for 12 whole months of distinctive global analysis

Photovoltaics International is now included.

  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Unlimited digital access to the PV Tech Power journal catalogue
  • Unlimited digital access to the Photovoltaics International journal catalogue
  • Access to more than 1,000 technical papers
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

Read Next

July 17, 2024
Germany has been consistently adding over 1GW of solar PV capacity every month since March 2023, and has passed a total of 90GW capacity.
July 17, 2024
From January to May this year, 251 new solar projects became operational in the US, with a combined capacity of 10,669MW.
July 17, 2024
Total global corporate funding for solar on the other hand is down year-on-year, according to Mercom Capital Group.
July 17, 2024
US utility PacifiCorp and rPlus Energies signed a power purchase agreement (PPA) for the Green River Energy Center project in 2022.
July 17, 2024
US-based PV manufacturer Mission Solar Energy has unveiled three new modules aimed at commercial and industrial and utility-scale projects.
July 17, 2024
Liquidity is rising at great pace in US tax credit transferability for clean energy, helping lenders become comfortable with the market.

Subscribe to Newsletter

Upcoming Events

Upcoming Webinars
July 31, 2024
1:00 PM (BST) / 2:00PM (CEST)
Solar Media Events
September 24, 2024
Warsaw, Poland
Solar Media Events
September 24, 2024
Singapore, Asia
Solar Media Events
October 8, 2024
San Francisco Bay Area, USA