 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
Tampa Electric Signs Contract To Purchase Solar Photovoltaic Energy
Tampa FL (SPX) Mar 12, 2009 Tampa Electric has announced that it has signed a contract to purchase solar power supplied by Energy 5.0's Florida Solar I facility, a proposed 25-megawatt (MW) solar PV electric generating station, for a 25-year period beginning in 2011. Tampa Electric has filed a petition with the Florida Public Service Commission for approval to purchase the energy generated by the solar facility. The solar energy contract was awarded to Energy 5.0, the successful bidder in Tampa Electric's 2007 Renewable Generation Request for Proposals. "I applaud TECO and Energy 5.0 on this exciting partnership that moves Florida closer to our goal of increasing energy diversity and reducing greenhouse gas emissions," said Governor Charlie Crist. "Two years ago, I challenged Florida to find the 'gold in green,' and we continue to see companies investing in innovative solutions that promote the use of renewable energy while saving money for consumers." Tampa Electric President Chuck Black said, "We are committed to pursuing our state's goal of developing and supporting Florida renewable energy sources that will benefit our customers and are in the best interest of all Floridians. This cutting edge project will be important in meeting current and future state renewable energy objectives." Over its 25-year proposed contract term, the project is expected to avoid the emission of up to 1.45 million tons of carbon dioxide when compared to a natural gas-fired peaking combustion turbine. The contract will also: + promote the state's goal of encouraging the production of renewable energy produced by renewable energy generating facilities in Florida. + reduce Florida's dependence on natural gas and fuel oil for electricity production. + provide the basis for significant new investment, economic development and job creation in Polk County and in the state. + reduce environmental impacts associated with electricity generation. + protect the company and its customers from technical and operational risks through its energy-only, fixed pricing. + provide fuel diversity benefits. Energy 5.0, a Florida-based company with extensive experience and success in the development, financing and operation of renewable energy projects, will build the 25-MW facility on a proposed 200 to 400 acre site in Polk County. The facility will be one of the largest solar PV facilities in the nation. The project will consist of silicon-based PV panels that generate electricity when exposed to sunlight. The 25-MW facility is expected to produce more than 48,000 MWh of electricity per year - enough output to serve the electric energy needs of more than 3,400 homes. The average home in Tampa Electric's service territory uses about 14,000 kWh per year. "As our company's flagship solar power project, this undertaking will be a showcase for zero-emission renewable power in the Southeast," said Energy 5.0 Chairman Bud Cherry. "Assuming approval by the Florida Public Service Commission this spring, deliveries from the Florida Solar I Project could begin in the first half of 2011." Share This Article With Planet Earth
Related Links Energy 5.0 All About Solar Energy at SolarDaily.com
Study: Solar water heating good investment
Maharashtra, India (UPI) Mar 10, 2009 Scientists in India say they have analyzed the engineering and economics of a solar water-heating system and determined it is a good investment. |
|
|
| The content herein, unless otherwise known to be public domain, are Copyright 1995-2007 - SpaceDaily.AFP and UPI Wire Stories are copyright Agence France-Presse and United Press International. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by SpaceDaily on any Web page published or hosted by SpaceDaily. Privacy Statement |
del.icio.us
Digg
Reddit
YahooMyWeb
Google
Facebook