Cereal City Solar PV Park is a 100MW solar PV power project. It is planned in Michigan, the US. The project is currently in permitting stage. It will be developed in single phase. The project construction is likely to commence in 2022 and is expected to enter into commercial operation in 2023.

Project Type	Total Capacity (MW)	Active Capacity (MW)	Pipeline Capacity (MW)	Project Status	Project Location	Project Developer
Solar PV	100	–	100	Permitting	Michigan, the US	NextEra Energy

Description

The project is being developed and currently owned by NextEra Energy. The company has a stake of 100%.

Cereal City Solar PV Park is a ground-mounted solar project which is planned over 600 acres.

The project cost is expected to be around $107.8m.

Development Status

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The project construction is expected to commence from 2022. Subsequent to that it will enter into commercial operation by 2023.

Power Purchase Agreement

The power generated from the project will be sold to Consumers Energy under a power purchase agreement from 2023. The offtake capacity is expected to be 100MW.

NextEra Energy Inc (NEE) is an electric power and energy infrastructure company. It generates, transmits and distributes electricity; and holds investments in gas infrastructure assets. The company produces power using nuclear, coal, oil, natural gas, wind and solar sources. NEE also purchases electricity for resale, and provides risk management services related to power and gas consumption. It serves residential, commercial, industrial, wholesale and other customers in Florida; and owns, develops, constructs, manages and operates electricity generation facilities in the US and Canada wholesale energy markets. NEE is headquartered in Juno Beach, Florida, the US.

Methodology

All power projects included in this report are drawn from GlobalData’s Power Intelligence Center. The information regarding the project parameters is sourced through secondary information sources such as electric utilities, equipment manufacturers, developers, project proponent’s – news, deals and financial reporting, regulatory body, associations, government planning reports and publications. Wherever needed the information is further validated through primary from various stakeholders across the power value chain and professionals from leading players within the power sector.