Tampa Electric to spend roughly US$ 800 million for 600MW of brand-new PV ability

Feb 21, 2020 08:52 AM ET
  • Tampa Electric, among Florida's biggest investor-owned electrical energies, has actually released a substantial development of solar energy that will certainly see the business spend about US$ 800 million to include an additional 600MW of solar energy by the end of 2023.
Tampa Electric to spend roughly US$ 800 million for 600MW of brand-new PV ability
Image: Martin

By that factor, Tampa Electric will certainly have greater than 1.25 GW of solar energy, sufficient to power greater than 200,000 residences, with around 14% of the utility's power sustained by the sunlight, which would certainly be the highest possible portion of solar energy of any kind of utility in the state of Florida.

Nancy Tower, head of state as well as president of Tampa Electric, claimed: "Our consumers desire a cleaner power future on their own-- and also their youngsters. We are devoted to remain to lead Tampa Electric towards cleaner power while guaranteeing our costs stay inexpensive for consumers."

Over the life of these PV installments, this solar development would certainly be more affordable for consumers than maintaining its present pipe as it is today. When finished, the solar development will certainly reduce co2 exhausts by concerning 500,000 loads each year, which is about equal to eliminating 100,000 automobiles from the roadway.

This growth will certainly additionally modify Tampa Electric's generation mix, as the utility remains to minimize its use coal. Over the past 20 years, Tampa Electric has actually decreased its use coal by 92% as well as has actually reduced its carbon impact in half.

Up until now, Tampa Electric has actually mounted 520MW of solar, with one more 135MW to be developed within a year.

Back in October 2019, the Florida Public Service Commission (PSC) accepted price healing for the 3rd stage of Tampa Electric's most recent pipe of PV projects, a set of solar projects with a mixed generation capability of 150MW.

Found in Hillsborough County, these 2 PV projects are the Wimauma Solar (74.8 MW) as well as Little Manatee River Solar (74.5 MW) setups, both of which are anticipated to be in service in 2020. Tampa Electric's initial stage of projects, the 145MW Payne Creek and also Balm setups, were accepted by the PSC in May 2018. A 2nd stage of projects, completing 260MW of set up ability, was authorized in October 2018.

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