Energy 5.0 will build the facility on a 350-acre site in Polk County. The project will include approximately 100,000 silicon-based photovoltaic panels. The facility is expected to produce more than 48,000MWh of electricity per year.

Gordon Gillette, president of Tampa Electric and Peoples Gas, said: “We applaud the commission’s approval of our purchase power agreement with Energy 5.0 and we are excited about moving forward with this solar project that will benefit our customers and the interest of all Floridians. We continue to support the development of in-state, renewable energy sources.”

Tampa Electric filed a petition with the FPSC in March 2009 for approval to purchase energy generated by Energy 5.0’s Florida Solar I project. Energy 5.0 was the successful bidder.

Energy 5.0, a Florida-based company, is engaged in delivery of clean renewable energy.