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NextEra Energy breaks ground on 100-MW solar project in Arkansas

Solar panels. Featured Image: pornvit_v/Shutterstock.com

December 3 (Renewables Now) - NextEra Energy Resources (NYSE:NEE) has kicked off construction on a 100-MW solar park in Arkansas that will surpass the state’s largest operational photovoltaic (PV) plant.

The Chicot Solar Energy Centre will be installed near Lake Village in Chicot County, using around 350,000 PV panels that will be able to generate electricity for more than 18,000 homes. Once completed, it will operate under a 20-year power purchase agreement (PPA) with utility Entergy Arkansas (NYSE:ETR), the latter announced on Monday.

The project is being developed by a subsidiary of NextEra Energy Resources, which will also be its owner and will take care of the power plant’s construction and operation. Around 11 months will be needed to complete the solar park’s construction, during which up to 150 jobs will be created.

The Chicot Solar Energy Centre is estimated to bring nearly USD 7 million (EUR 6.3m) in revenues to Chicot County over its operational life.

(USD 1.0 = EUR 0.903)

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Browse all articles from Veselina Petrova

Veselina Petrova is one of Renewables Now's most experienced green energy writers. For several years she has been keeping track of game-changing events both large and small projects and across the globe.

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