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222.9 MW Solar operating in Sherburne, MN
222.9 MW
Nameplate Capacity
1
Generators
unit
Solar Photovoltaic
Technology
2024
Operating Since
Coordinates
45.4072, -93.9365
County
Sherburne, MN
Nearby Plants
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| Field | EIA | GEM | Wikidata |
|---|---|---|---|
| Operator | Northern States Power Co - Minnesota | — | — |
| Owner(s) | Northern States Power Co - Minnesota | — | — |
| Status | Operating | — | — |
Sherco Solar I is a 222.9 MW solar photovoltaic power plant located in Sherburne County, Minnesota. The plant, which began operating in 2024, is owned and operated by Northern States Power Co - Minnesota. It utilizes single-axis tracking technology to maximize solar energy capture. As of the most recent data, Sherco Solar I ranks as the third-largest solar plant in Minnesota (out of four) and 179th nationally (out of 639).
The plant's latest annual generation was 418,620 MWh, resulting in a capacity factor of 21.4%. The installed cost was $1321.95 per kW, according to FERC data. Sherco Solar I operates within the Midcontinent Independent Transmission System Operator (MISO) balancing authority and the MRO NERC region.
Generated from EIA, GEM, and public data sources
ISO/RTO
MISO
Market
ISO/RTO Member
NERC Region
MRO — Midwest Reliability Organization
Balancing Authority
Midcontinent Independent Transmission System Operator, Inc.. (MISO)
Grid Voltage
345.0 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.
11.7K MWh
Latest Month
418.6K MWh
Annual Generation
21.4%
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 · Northern States Power Company (Minnesota) · Data from 2024
$1,322/kW
Installed Cost
$3.3/MWh
Operating Cost
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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Market Position
ISO/RTO Market
MISO
LMP Node
NSP.SHERC3.SLR
Pricing Hub
MINN.HUB
Location Type
Generation Node
Node Source
Curated node match
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 2026-03-26
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