Tampa Electric Plans to $800 Million Investment in New Solar Power Generation

LCG, February 24, 2020--Tampa Electric recently announced plans to expand its use of solar power to meet customer needs in Florida. The company plans to invest approximately $800 million to add 600 MW of solar electric generating capacity by the end of 2023, when the total solar capacity would exceed 1,250 MW. Solar power will then account for about 14 percent of the utility's energy.

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AWEA Issues Fourth Quarter 2019 Market Report

LCG, February 7, 2020--The American Wind Energy Association (AWEA) recently released its new U.S. Wind Industry Fourth Quarter 2019 Market Report. AWEA reports new wind turbine installations have added 5,476 MW of electric generating capacity during the fourth quarter, which results in 2019 installations totaling 9,143 MW. The total installations represent an increase over 2018, but the total for 2019 falls short of total annual installations for 2015 and 2016. In addition to new capacity additions, developers completed 2,500 MW of turbine repowerings for the year.

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Industry News

California Sets New Record for Solar Power Generation

LCG, January 15, 2014--The California Independent System Operator (ISO) recently announced that a new record was set for solar power generation in California. According to Pacific Gas & Electric (PG&E), on January 7, a new record was set with utility-scale solar power generation exceeding 3,000 MW. In addition, there was considerable generation from the solar photovoltaic (PV) capacity installed on roof tops throughout California.

The rapid growth in solar generation is driven in large part by the many mega-projects in California. One new solar PV facility adding to the solar power generation in California is the Topaz Solar Farm in San Luis Obispo County, which recently announced that it is now producing 300 MW of power. The Desert Sunlight project, located in Riverside County, is expected in February to commence operations and generate up to 300 MW.

The renewable energy generated is for delivery to PG&E and other utilities that are striving to meet the rising renewable energy requirements dictated by California's Renewables Portfolio Standard (RPS). The standards include utilities achieving sales targets of 25 percent of retails sales by December 31, 2016 and 33 percent of retails sales by December 31, 2020.

Significant progress has been made towards achieving the goals. In June 2013, the California ISO announced that a new record was set for solar power output of 2,071 MW. The 1,000 MW threshold was reached in September 2012.
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