US-based Xcel Energy’s Sherco Solar, the largest solar project in the Upper Midwest, began producing 220 MW of carbon-free electricity. Its full capacity of 710 MW is expected to be reached by 2026. The $1.1 billion investment will power 150,000 homes, replacing coal capacity at the Sherco site. The project, benefiting from $480 million in federal tax credits, creates 400 union construction jobs and provides $350M in local economic benefits to Sherburne County. Xcel Energy ensures a smooth transition for employees as it shifts to renewable energy, advancing Minnesota’s goal of 100% carbon-free energy production by 2040.
Xcel Energy’s Sherco Solar starts 220 MW phase, for Upper Midwest
Sherco Solar is the Upper Midwest’s largest solar project, set to power 150,000 homes when fully operational. (Image Source: Xcel Energy)
Scatec has secured EUR 25 million from IFU, alongside equity and non-recourse debt, for its USD 85 million project financing. (Image Source: Scatec ASA)
EliTe Solar launched its 5 GW PV project in Egypt’s TEDA Suez Zone, set to begin production by September 2025. (Image Source: PRNewswire)
Part of SECI’s 2 GW ISTS initiative, the project will deliver four hours of peak power daily for 25 years. (Image Credit/Source: Pixabay/Pexels)
Ethical Power Italia’s first EPC projects in Italy, two solar farms for Encavis AG, will generate 28 GWh annually. (Image Credit/Source: TomFisk/Pexels)