Marshall Solar PV Park is a 62.25MW solar PV power project. It is located in Minnesota, the US. The project is currently active. It has been developed in single phase. Post completion of construction, the project got commissioned in January 2017.
Project Type | Total Capacity (MW) | Active Capacity (MW) | Pipeline Capacity (MW) | Project Status | Project Location | Project Developer | Solar PV | 62.25 | 62.25 | – | Active | Minnesota, the US | NextEra Energy Resources |
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Description
The project was developed by NextEra Energy Resources. NextEra Energy Resources and Nextera Energy Partners are currently owning the project having ownership stake of 50.01% and 49.99% respectively.
Marshall Solar PV Park is a ground-mounted solar project which is spread over an area of 355 acres.
The project supplies enough clean energy to power 15,000 households, offsetting 87,000t of carbon dioxide emissions (CO2) a year. The project cost is $116.579m.
Development Status
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By GlobalDataThe project got commissioned in January 2017.
Power Purchase Agreement
The power generated from the project is sold to Northern States Power under a power purchase agreement for a period of 25 years.
About NextEra Energy Resources
NextEra Energy Resources LLC (NEER) is a subsidiary of NextEra Energy Capital Holdings Inc,is a diversified clean energy company and is one of the largest wholesale generators of electric power in the US. The company, together with its subsidiaries owns, develops, constructs, manages and operates electricity generating facilities in wholesale energy markets in the US, Canada, and Spain. The company generates electricity using different fuel sources such as natural gas and oil, wind, solar and nuclear. It offers electricity to utilities, retail electricity providers, power cooperatives, municipal electricity providers and industrial companies. The company also provides energy and capacity requirement services; conducts power and gas marketing and trading activities; participates in natural gas, natural gas liquids and oil production and pipeline infrastructure development; and owns a retail electricity provider. NEER 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.