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TECO Energy Plans to Invest $1.7 Billion to Green its Electricity Supply, an Industrial Info News Alert

TECO Energy Plans to Invest $1.7 Billion to Green its Electricity Supply, an Industrial Info News Alert

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SUGAR LAND, Texas: Written by John Egan for Industrial Info Resources (Sugar Land, Texas) –Tampa Electric Company (Tampa, Florida), a unit of Emera Incorporated (Halifax, Nova Scotia), plans to invest about $1.7 billion to convert one of its coal-fired units to gas, close a second coal-burning unit, and build about 600 megawatts (MW) of new solar generation, the company said. In 2023, when these proposed projects are set to be completed, Tampa Electric’s resource mix will be dramatically different from what it was in 2017.

Within this article: Details on how Tampa Electric plans to install new capacity and convert existing units at its facilities.

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Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, six offices in North America and 12 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info’s quality-assurance philosophy, the Living Forward Reporting Principle™, provides up-to-the-minute intelligence on what’s happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook – Twitter – LinkedIn. For more information on our coverage, send inquiries to info@industrialinfo.com or visit us online at http://www.industrialinfo.com.

Source: Industrial Info Resources, Inc.
Anand Gupta Editor - EQ Int'l Media Network

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