Sunshine State Warms To More Giant Solar

National Solar Power

The same company responsible for the giant planned for Gadsden County, Fla.,has another project (though, only half as large)lined up for development in the .National Solar Power finalized an agreement with Hardee County to construct a 200-megawatt (MW) solar farm about 50 miles southeast of Tampa. The project will consist of ten 20-MW units, each requiring about 200 acres of land and costing $70 million.

The project will be designed, built and operated byHensel Phelps Constructionthe same firm that, incidentally, after the 9/11 attacks in 2001. estimates the project will create 200 jobs during the five-year construction phase and up to 50 permanent jobs once fully operational. After securing permits, National Solar Power expects the first phase of the project to be online within seven months.

National Solar Power, Florida

image via National Solar Power

To finance the project, National Solar Power created its own venture capital fund Green Infrastructure Partners. The fund is externally managed and advised by Solar Capital Management, a subsidiary of National Solar Power Partners.The company says it is currently negotiating with several large financial institutions and private equity investors to provide project financing. has agreed to purchase at least some of the power from the project.

Florida is the new frontier when it comes to solar farm development,” National Solar Power CEO James Scrivener said in a statement. “We are excited about the opportunity to establish a utility-scale solar farm in Hardee County and the creation of Green Infrastructure Partners. With its ample property available, easy access to the electric grid and nearby population centers, the Hardee County community is a prime location to put solar energy in the regions power mix.

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