Tampa Electric (TE) on Monday said that it has entered into a contract to buy solar power supplied by Energy 5.0's Florida Solar I facility, a proposed 25-megawatt solar PV electric generating station, for a 25-year period beginning in 2011.
The company has filed a petition with the Florida Public Service Commission for approval to purchase the energy generated by the solar facility. The solar energy contract was awarded to Energy 5.0, the successful bidder in Tampa Electric's 2007 Renewable Generation Request for Proposals.
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April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.