Mississippi Power seeks solar photovoltaic renewable energy proposals

Rhea-AI Summary

On February 1, 2022, Mississippi Power announced a request for proposals (RFP) for solar photovoltaic renewable resources, aiming to enhance its energy portfolio. Proposals must have a minimum capacity of 20 MW_AC and be submitted by March 15, 2022. The company seeks 25-year power purchase agreements from non-affiliated bidders, ensuring it retains environmental attributes from projects situated in Mississippi and interconnected to its transmission system. Mississippi Power is a subsidiary of Southern Company, serving 191,000 customers across 23 counties.

Positive

• Initiation of RFP for 20 MW_AC solar projects enhances renewable energy capacity.
• Potential 25-year agreements create long-term stability and partnerships.
• Retaining environmental attributes boosts corporate sustainability profile.

Negative

• None.

GULFPORT, Miss., Feb. 1, 2022 /PRNewswire/ -- Mississippi Power announced a request for proposals for solar photovoltaic renewable resources, beginning today.

Qualifying proposals submitted through this RFP will afford Mississippi Power an opportunity to review market offerings of RFP resources.  The company will determine whether there are economic and viable energy projects suitable to meet the needs of its customers. 

The submitted projects must be at least 20 MW_AC. Mississippi Power will consider proposals for 25-year term energy-only power purchase agreements for solar photovoltaic renewable resources from bidders who are not affiliates of Mississippi Power or Southern Company.  Mississippi Power would receive all the environmental attributes from the projects.

Resources must be located in Mississippi and must be directly interconnected with Mississippi Power's transmission system.

Bids for the RFP must be received by 6 p.m. CST on March 15, 2022. 

To learn more about Mississippi Power and this RFP, visit mississippipower.com/RFP

Now in its 97^th year of operations, Mississippi Power, a subsidiary of Southern Company (NYSE: SO), produces safe, reliable and affordable energy for nearly 191,000 customers in 23 southeast Mississippi counties. With nearly 160 megawatts of approved solar energy capacity, Mississippi Power is the largest partner in providing renewable energy in the state of Mississippi. Visit our websites at mississippipower.com and mississippipowernews.com, like us on Facebook, and follow us on Twitter, Instagram, LinkedIn, and YouTube.

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SOURCE Mississippi Power

FAQ

What is Mississippi Power's recent RFP for solar energy about?

Mississippi Power's recent RFP seeks proposals for solar photovoltaic renewable resources with a minimum capacity of 20 MW_AC.

When is the deadline for submitting proposals to Mississippi Power's RFP?

The deadline for submitting proposals is March 15, 2022, at 6 p.m. CST.

What are the terms for the power purchase agreements in the RFP?

The RFP offers 25-year energy-only power purchase agreements for solar projects from non-affiliated bidders.

Where must the solar projects be located for Mississippi Power's RFP?

The solar projects must be located in Mississippi and directly interconnected with Mississippi Power's transmission system.

What capacity does Mississippi Power currently have in solar energy?

Mississippi Power has nearly 160 megawatts of approved solar energy capacity.