Xcel Energy is proposing to add an additional 250-MW solar project near the existing Sherco plant site in Becker, Minnesota, which will soon be home to the Upper Midwest’s largest solar development and represents an important piece of the company’s clean energy future.
On May 8, Xcel Energy is asking the Minnesota Public Utilities Commission to add a third solar array adjacent to the 460-MW Sherco Solar project already under construction. The three solar projects are expected to be complete by the end of 2025 and will replace the capacity of the Sherco plant’s first coal unit that is scheduled to retire later this year. As part of its expansion of solar energy it delivers to customers, Xcel Energy is also proposing to purchase power from the 100-MW Apple River solar project being developed in northwest Wisconsin.
Sherco Solar is among the largest solar developments in the U.S. and is key to Xcel Energy’s plans to nearly triple the amount of solar on its Upper Midwest system by 2028. The combined projects’ 710-MW capacity will generate enough electricity to power more than 150,000 homes each year on average. Solar energy does not have any fuel costs and contributes to a diversified energy mix, which helps protect against rising fuel prices. Xcel Energy expects to qualify for federal tax credits that make construction more affordable, helping customers save money.
“These projects will be the lowest-cost solar on our Upper Midwest system and demonstrate our focus on clean energy without compromising affordability,” said Chris Clark, president of Xcel Energy — Minnesota, South Dakota and North Dakota. “We are committed to moving the Sherco Solar project forward to deliver significant new clean energy to our customers and communities.”
Xcel Energy would develop, own and operate the third Sherco Solar array. Last fall, the PUC approved the first two solar projects at the Sherco plant site. Construction began on the first project in late April.
News item from Xcel Energy
