Following the agreement, which saw the two parties execute a real estate outgrant, Georgia Power has received access to 258 acres of land, which it will use to install the 30 MW PV plant.
The utility expects to break ground on the ground-mounted project this summer, with operations scheduled to begin by the end of next year. Generated electricity will be fed into the states electricity grid. Around US$75 million will be invested.
"The project will be brought online at or below the company’s avoided cost, the amount projected it would cost the company to generate comparable energy from other sources," said Georgia Power in a statement released.