NextEra Energy Verizon Solar PV Park is a 75MW solar PV power project. It is planned in 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||75||–||75||Permitting||the US||NextEra Energy Resources|
The project is being developed and currently owned by NextEra Energy Resources.
NextEra Energy Verizon Solar PV Park is a ground-mounted solar project.
The project cost is expected to be around $80.85m.
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 Verizon Ventures under a power purchase agreement for a period of 15 years, starting from 2023.
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.
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