Xcel Energy Seeking Proposals For 500 MW Solar PV Capacity

US Electric Utility Xcel Energy Invites Proposals For 500 MW Solar PV Capacity To Be Set Up Near Sherco Coal Power Plant In Minnesota

Xcel Energy Seeking Proposals For 500 MW Solar PV Capacity

Xcel Energy’s 500 MW solar PV RFP says the capacity will be built on build and transfer basis in Sherco County, Minnesota and these projects must come online before December 31, 2023. Pictured is a river through the city under the bridge to St. Paul, Minnesota. (Photo Credit: www.goodfreephotos.com)

  • Xcel Energy has sought bids for around 500 MW solar PV capacity in Minnesota
  • It will come up close to its coal fired plant in Sherco County to accelerate its clean energy transition
  • The utility will be open to exceeding the target of 500 MW depending on the proposals received

Xcel Energy is soliciting proposals for around 500 MW solar PV capacity to be installed near its coal powered Sherburne County or Sherco Generating Station in Becker, Minnesota, US. The electricity utility says the addition of solar power at the site is part of Northern States Power Company’s (NSPM) proposal to ‘jump-start the economy’ as it would create jobs and accelerate clean energy transition in Minnesota, amid its plans to close coal fired generating capacity.

While Xcel Energy says it has a target to procure close to 500 MW from one or more solar projects, it is open to exceeding this target depending on the proposals received.

Eligible projects will generate solar power to be procured by NSPM through build and transfer agreements. To participate in this request for proposals (RFP) round, projects must achieve commercial operation before December 31, 2023. Xcel Energy said it will accept proposals that provide the opportunity to acquire projects of at least 75 MW capacity to be interconnected to the transmission infrastructure here.

According to the timeline shared, bids must be submitted by February 2, 2021. All contract negotiations are aimed at completion by March 15, 2021. Detailed bidding documents are available on Xcel Energy’s website.

About The Author

Anu Bhambhani

SENIOR NEWS EDITOR Anu is our solar news whirlwind. At TaiyangNews, she covers everything that is of importance in the world of solar power. In the past 9 years that she has been associated with TaiyangNews, she has covered over thousands of stories, and analysis pieces on markets, technology, financials, and more on a daily basis. She also hosts TaiyangNews Conferences and Webinars. Prior to joining TaiyangNews, Anu reported on sustainability, management, and education for leading print dailies in India. [email protected]

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