Georgia Power receives approval from Georgia PSC for five new solar facilities to supply CARES 2023 solar program
Georgia Power, a subsidiary of Southern Company (NYSE: SO), has received approval from the Georgia Public Service Commission for five new utility-scale solar power purchase agreements (PPAs) totaling 1,068 megawatts (MW). The facilities will supply the company's Clean and Renewable Energy Subscription (CARES) 2023 program.
The approved projects include: a 260 MW facility in Mitchell County (25-year PPA), a 200 MW facility in Coffee County (30-year PPA), a 183 MW facility with 91.5 MW battery storage in Wilkinson County (20-year PPA), a 200 MW facility in Jefferson County (20-year PPA), and a 225 MW facility in Laurens County (20-year PPA).
The company is also pursuing additional renewable resources through the CARES 2025 RFP, targeting up to 2,000 MW of utility-scale solar. Georgia Power's 2025 IRP aims to procure up to 4,000 MW of renewable resources by 2035, expanding its renewable portfolio to approximately 11,000 MW.
Georgia Power, controllata di Southern Company (NYSE: SO), ha ottenuto l'approvazione dalla Georgia Public Service Commission per cinque nuovi contratti di acquisto di energia (PPA) su scala di rete per un totale di 1.068 megawatt (MW). Gli impianti forniranno energia al programma Clean and Renewable Energy Subscription (CARES) 2023 dell'azienda.
I progetti approvati comprendono: un impianto da 260 MW nella contea di Mitchell (PPA di 25 anni), un impianto da 200 MW nella contea di Coffee (PPA di 30 anni), un impianto da 183 MW con accumulo a batteria da 91,5 MW nella contea di Wilkinson (PPA di 20 anni), un impianto da 200 MW nella contea di Jefferson (PPA di 20 anni) e un impianto da 225 MW nella contea di Laurens (PPA di 20 anni).
L'azienda sta inoltre cercando ulteriori risorse rinnovabili tramite la RFP CARES 2025, con l'obiettivo di acquisire fino a 2.000 MW di solare su scala di rete. Il piano IRP 2025 di Georgia Power punta a procurare fino a 4.000 MW di risorse rinnovabili entro il 2035, portando il portafoglio rinnovabile a circa 11.000 MW.
Georgia Power, filial de Southern Company (NYSE: SO), ha obtenido la aprobación de la Georgia Public Service Commission para cinco nuevos contratos de compraventa de energía (PPA) a escala de red por un total de 1.068 megavatios (MW). Las instalaciones suministrarán energía al programa Clean and Renewable Energy Subscription (CARES) 2023 de la compañía.
Los proyectos aprobados incluyen: una planta de 260 MW en el condado de Mitchell (PPA de 25 años), una planta de 200 MW en el condado de Coffee (PPA de 30 años), una planta de 183 MW con almacenamiento en baterías de 91,5 MW en el condado de Wilkinson (PPA de 20 años), una planta de 200 MW en el condado de Jefferson (PPA de 20 años) y una planta de 225 MW en el condado de Laurens (PPA de 20 años).
La compañía también está buscando más recursos renovables mediante la RFP CARES 2025, con el objetivo de incorporar hasta 2.000 MW de energía solar a escala de red. El IRP 2025 de Georgia Power pretende adquirir hasta 4.000 MW de recursos renovables para 2035, ampliando su cartera renovable a aproximadamente 11.000 MW.
Georgia Power는 Southern Company (NYSE: SO)의 자회사로, 조지아 공공서비스위원회(Georgia Public Service Commission)로부터 총 1,068메가와트(MW) 규모의 5개 대형 유틸리티 태양광 전력 구매 계약(PPA)을 승인받았습니다. 해당 발전소들은 회사의 Clean and Renewable Energy Subscription(CARES) 2023 프로그램에 전력을 공급할 예정입니다.
승인된 프로젝트는 다음과 같습니다: Mitchell 카운티의 260 MW 시설(25년 PPA), Coffee 카운티의 200 MW 시설(30년 PPA), Wilkinson 카운티의 183 MW 시설(배터리 저장용량 91.5 MW 포함, 20년 PPA), Jefferson 카운티의 200 MW 시설(20년 PPA), Laurens 카운티의 225 MW 시설(20년 PPA).
회사는 또한 CARES 2025 RFP를 통해 추가 재생에너지원 확보를 추진 중이며, 최대 2,000 MW 규모의 유틸리티 태양광을 목표로 하고 있습니다. Georgia Power의 2025 IRP는 2035년까지 최대 4,000 MW의 재생에너지를 조달해 재생에너지 포트폴리오를 약 11,000 MW로 확장하는 것을 목표로 합니다.
Georgia Power, filiale de la Southern Company (NYSE: SO), a obtenu l'approbation de la Georgia Public Service Commission pour cinq nouveaux contrats d'achat d'électricité (PPA) à l'échelle des services publics totalisant 1 068 mégawatts (MW). Les installations alimenteront le programme Clean and Renewable Energy Subscription (CARES) 2023 de la société.
Les projets approuvés comprennent : une installation de 260 MW dans le comté de Mitchell (PPA de 25 ans), une installation de 200 MW dans le comté de Coffee (PPA de 30 ans), une installation de 183 MW avec 91,5 MW de stockage par batteries dans le comté de Wilkinson (PPA de 20 ans), une installation de 200 MW dans le comté de Jefferson (PPA de 20 ans) et une installation de 225 MW dans le comté de Laurens (PPA de 20 ans).
L'entreprise recherche également des ressources renouvelables supplémentaires via l'appel d'offres CARES 2025, visant jusqu'à 2 000 MW de solaire à l'échelle des services publics. L'IRP 2025 de Georgia Power vise à se procurer jusqu'à 4 000 MW de ressources renouvelables d'ici 2035, portant son portefeuille renouvelable à environ 11 000 MW.
Georgia Power, eine Tochtergesellschaft der Southern Company (NYSE: SO), hat von der Georgia Public Service Commission die Genehmigung für fünf neue großmaßstäbliche Stromkaufverträge (PPAs) über insgesamt 1.068 Megawatt (MW) erhalten. Die Anlagen werden das Clean and Renewable Energy Subscription (CARES) 2023-Programm des Unternehmens beliefern.
Die genehmigten Projekte umfassen: eine 260 MW-Anlage im Mitchell County (25‑jähriger PPA), eine 200 MW-Anlage im Coffee County (30‑jähriger PPA), eine 183 MW-Anlage mit 91,5 MW Batteriespeicher im Wilkinson County (20‑jähriger PPA), eine 200 MW-Anlage im Jefferson County (20‑jähriger PPA) und eine 225 MW-Anlage im Laurens County (20‑jähriger PPA).
Das Unternehmen strebt zudem über die CARES 2025-Ausschreibung weitere erneuerbare Ressourcen an und peilt bis zu 2.000 MW großmaßstäblichen Solarstrom an. Der IRP 2025 von Georgia Power zielt darauf ab, bis 2035 bis zu 4.000 MW erneuerbare Ressourcen zu beschaffen und das Erneuerbaren-Portfolio auf rund 11.000 MW auszubauen.
- Approval secured for 1,068 MW of new solar capacity across five facilities
- Projects selected through competitive bidding process, ensuring economic value
- Integration of 91.5 MW battery storage system with one of the solar facilities
- Long-term PPAs ranging from 20-30 years provide stable energy supply
- Expansion plans target 11,000 MW renewable portfolio by 2035
- Project completion and benefits subject to construction and development risks
- Success dependent on third-party companies' performance in building and maintaining facilities
Insights
Georgia Power secured 1,068 MW of new solar capacity, strengthening SO's renewable portfolio and creating long-term customer benefits.
The Georgia Public Service Commission's approval of five new solar power purchase agreements (PPAs) totaling 1,068 MW represents a significant expansion of Southern Company's renewable energy capacity. These competitively sourced agreements span 20-30 years and include a 91.5 MW battery storage system paired with one solar facility, enhancing grid reliability.
The economic rationale is compelling. These facilities were selected through a competitive process with independent oversight, specifically designed to deliver long-term benefits to ratepayers. The diversification of Georgia Power's generation mix reduces fuel price exposure while supporting the company's Clean and Renewable Energy Subscription (CARES) program, which serves commercial and industrial customers with sustainability targets.
This approval aligns with Georgia Power's broader renewable strategy. The company's recently approved 2025 Integrated Resource Plan outlines procurement of up to 4,000 MW of additional renewable resources by 2035. Combined with existing projects, this would expand the company's renewable portfolio to approximately 11,000 MW by 2035.
These developments position Georgia Power to meet growing commercial demand for clean energy while maintaining its generation mix diversity. With the CARES 2025 RFP now underway seeking up to 2,000 MW more solar capacity, Southern Company is methodically executing its transition toward lower-carbon resources without sacrificing reliability—a strategy likely to provide long-term value to shareholders as regulatory and market pressures continue pushing utilities toward cleaner generation profiles.
Commission certifies 1,068 MW of competitively sourced new solar power purchase agreements to benefit all customers;
New utility-scale solar expands on company's commitment to reliability for customers through a diversified generation portfolio
The CARES program allows eligible commercial and industrial customers to support their sustainability initiatives by purchasing a subscription for a pro-rata share of the production of renewable resources. Demand for such subscriptions continues to grow from customers with sustainability goals.
"Renewable RFPs, such as the CARES 2023 RFP, are designed to procure valuable renewable energy that helps to diversify Georgia Power's generation mix and increase reliability. Our planning models project that these resources will deliver benefits to customers long-term," said Wilson Mallard, director of renewable development for Georgia Power. "The five projects we selected are economical and we expect they will provide energy and capacity benefits to the system and the most value for all Georgia Power customers."
The five PPAs were selected by Georgia Power following a competitive solicitation overseen by an independent evaluator and PSC staff. The facilities will be located throughout
- Mitchell County: A 25-year PPA providing 260 MW of solar capacity.
Coffee County : A 30-year PPA providing 200 MW of solar capacity.Wilkinson County : A 20-year PPA providing 183 MW of solar capacity paired with a 91.5 MW battery storage system.Jefferson County : A 20-year PPA providing 200 MW of solar capacity.Laurens County : A 20-year PPA providing 225 MW of solar capacity.
Expanding Renewable Energy Within a Diverse Generation Mix
Georgia Power is seeking additional renewable resources to continue to build a reliable, diversified generation portfolio through competitive RFP processes, which help maintain flexibility amid changing market conditions and enable the company to continue to provide more carbon-free energy to customers.
The CARES 2025 RFP, also approved in the 2022 IRP Final Order, was recently issued with bids due in August. CARES 2025 RFP bidders were asked to submit utility-scale solar or solar plus storage bids to meet a target of up to 2,000 MW of utility-scale solar including any remaining unfilled utility-scale resources from the CARES 2023 RFP program. These utility-scale solar projects are expected to have commercial operation dates as early as 2028.
Georgia Power's 2025 IRP, approved in July, highlights the additional procurement of a total of up to 4,000 MW of renewable resources by 2035, with an initial target of 1,100 MW of new renewable resources sought through competitive utility-scale and distributed generation procurements. The company anticipates issuing RFPs in 2026 for these new resources, which would expand the company's renewable resource portfolio to approximately 11,000 MW by 2035.
About Georgia Power
Georgia Power is the largest electric subsidiary of Southern Company (NYSE: SO), America's premier energy company. Value, Reliability, Customer Service and Stewardship are the cornerstones of the company's promise to 2.8 million customers in all but four of
Cautionary Note Regarding Forward-Looking Statements
Certain information contained in this release is forward-looking information based on current expectations and plans that involve risks and uncertainties. Forward-looking information includes, among other things, statements concerning future generation mix, expected renewable generation growth, expected commercial operation dates, projected rate impacts and expected customer benefits. Georgia Power cautions that there are certain factors that can cause actual results to differ materially from the forward-looking information that has been provided. The reader is cautioned not to put undue reliance on this forward-looking information, which is not a guarantee of future performance and is subject to a number of uncertainties and other factors, many of which are outside the control of Georgia Power; accordingly, there can be no assurance that such suggested results will be realized. The following factors, in addition to those discussed in Georgia Power's Annual Report on Form 10-K for the year ended December 31, 2024, Quarterly Reports on Form 10-Q for the quarters ended March 31, 2025 and June 30, 2025, and subsequent securities filings, could cause actual results to differ materially from management expectations as suggested by such forward-looking information: variations in demand for electricity; the ability to avoid schedule overruns during the development, construction, and operation of facilities or other projects; the ability to construct facilities in accordance with the requirements of permits and licenses, to satisfy any environmental performance standards and the requirements of tax credits and other incentives, and to integrate facilities into the Southern Company system upon completion of construction; the ability to successfully operate Georgia Power's generation, transmission, distribution and battery energy storage facilities, and the successful performance of necessary corporate functions; the inherent risks involved in generation, transmission and distribution of electricity, including accidents, explosions, fires, mechanical problems, discharges or releases of toxic or hazardous substances or gases and other environmental risks; the ability of counterparties of Georgia Power to perform as required; the direct or indirect effect on Georgia Power's business resulting from cyber intrusion or physical attack and the threat of cyber and physical attacks; global and
View original content to download multimedia:https://www.prnewswire.com/news-releases/georgia-power-receives-approval-from-georgia-psc-for-five-new-solar-facilities-to-supply-cares-2023-solar-program-302547990.html
SOURCE Georgia Power
FAQ
What is the total capacity of Georgia Power's newly approved solar facilities?
Where will Southern Company's (SO) new solar facilities be located?
What is Georgia Power's CARES 2023 program?
How much renewable capacity does Georgia Power plan to add by 2035?
Which solar facility will include battery storage capacity?
