Georgia Power is seeking proposals from renewable energy companies to obtain 540 megawatts of solar, biomass and wind power, as part of its commitment to diversify its energy sources in Georgia.
The purchases, through Georgia Power’s Renewable Energy Development Initiative (REDI), will be the final action to fulfill a 2016 deal approved by the Georgia Public Service Commission to provide 1,200 megawatts of renewable energy through multiple projects.
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The first procurement of 510 megawatts of solar energy completed in 2017 started the projects under way in central, south and southwest Georgia.
“We are proud of the principles that we have built upon with REDI, such as competitive bidding, as we continue to procure renewable energy from cost effective resources to maximize the benefits for our customers,” said Wilson Mallard, director of Renewable Development for Georgia Power.
The company, the largest electric provider in the state serving more than 2.5 million customers, will be receiving proposals from interested companies until noon January 15, 2019.
“We are eager to receive, review and select projects from this RFP that will provide significant long-term value,” said Mallard.
The company, which currently has 976 megawatts of solar power online, expects to grow its renewable resources by an additional 1,600 megawatts by 2021.
According to the Solar Energy Industries Association, the national trade association for the solar industry, an average of 164 homes can be powered by a megawatt of solar.