Tampa Electric Signs Contract to Buy Solar Photovoltaic Energy - Quick Facts

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.

by RTTNews Staff Writer

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