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74.5 MW Solar operating in Polk, FL
74.5 MW
Nameplate Capacity
1
Generators
unit
Solar Photovoltaic
Technology
2021
Operating Since
Coordinates
27.9182, -82.0509
County
Polk, FL
Nearby Plants
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Owner data does not fully agree across sources.
EIA typically reports the operating utility, while GEM resolves to the financial owner or parent corporation. Both can be correct.
| Field | EIA | GEM | Wikidata |
|---|---|---|---|
| Operator | Tampa Electric Co | Tampa Electric | — |
| Owner(s) | Tampa Electric Co | NextEra Energy | — |
| Status | Operating | operating | — |
Magnolia Solar is a 74.5 MW solar photovoltaic power plant located in Polk County, Florida. The plant began operating in 2021 and is owned by NextEra Energy, with Tampa Electric Co. serving as the operator. It utilizes a single-axis tracking system to maximize solar energy capture. The plant is interconnected to the Tampa Electric Company balancing authority within the SERC NERC region.
In its latest year of operation, Magnolia Solar generated 144,052 MWh of electricity, achieving a capacity factor of 22.1%. The plant's installed cost was $1,182 per kW, according to FERC data. Magnolia Solar is ranked as the 64th largest power plant in Florida out of 227, and 877th nationally out of 7108.
Generated from EIA, GEM, and public data sources
Grid Region
Southeast
Market
SEEM Participant
NERC Region
SERC — SERC Reliability Corporation
Balancing Authority
Tampa Electric Company (TEC)
Grid Voltage
69.0 kV
Regulatory Status
RE — Regulated
Entity Type
Investor-Owned Utility
Sector
Electric Utility
Monthly net generation as reported to EIA-923 — useful for historical context. Confidence varies sharply by fuel type; the band above and the “About this data” button explain the caveats specific to this plant and how InfraSure’s in-house model handles them.
8.2K MWh
Latest Month
144.1K MWh
Annual Generation
22.1%
Capacity Factor
Forward-looking generation outlook with probabilistic ranges across weather, demand, and policy scenarios. Powered by InfraSure's generation modeling stack.
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Solar photovoltaic · Tampa Electric Company · Data from 2021–2024
$1,207/kW
Installed Cost
$4/kW
Annual CapEx
$6.7/MWh
Operating Cost
Annual Capital & Operating Expenses
Cumulative Installed Cost
Per-Unit Cost Trends
Forward revenue, DSCR bands, and refinancing risk projected under price, demand, and policy scenarios. Powered by InfraSure's asset cashflow stack.
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This plant's balancing authority participates in the Southeast Energy Exchange Market (SEEM). SEEM is a bilateral exchange — no public nodal pricing.
No wholesale contracts disclosed in FERC EQR for this plant.
FERC EQR captures bilateral wholesale energy + capacity contracts ≥$1M/yr filed quarterly by jurisdictional sellers — covers renewable PPAs, thermal energy sales agreements, capacity contracts, and tolling agreements alike. Many plants don't appear: regulated-utility output flows to ratepayers via cost-of-service rather than bilateral contracts; small projects fall below the filing threshold; tax-equity-financed renewables route offtake to investors not utilities; merchant plants sell into ISO clearing markets without bilateral contracts. News-extracted buyer facts (below) may surface contracts disclosed only through announcements.
Last updated 2026-04-09
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