Cereal City Solar PV Park is a 100MW solar PV power project. It is planned in Michigan, the US. According to GlobalData, who tracks and profiles over 170,000 power plants worldwide, the project is currently at the permitting stage. It will be developed in a single phase. The project construction is likely to commence in 2024 and is expected to enter into commercial operation in 2025. Buy the profile here.
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
The project construction is expected to commence from 2024. Subsequent to that it will enter into commercial operation by 2025.
Power purchase agreement
The power generated from the project will be sold to Consumers Energy under a power purchase agreement for a period of 25 years from 2023. The offtake capacity is expected to be 100MW.
For more details on Cereal City Solar PV Park, buy the profile here.
About NextEra Energy
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. NEE produces power using nuclear, coal, oil, natural gas, wind and solar sources. The company 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.
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GlobalData, the leading provider of industry intelligence, provided the underlying research used to produce this article.
This information is drawn from GlobalData’s Power Intelligence Center, which provides detailed profiles of over 170,000 active, planned and under construction power plants worldwide from announcement through to operation across all technologies and countries worldwide.
