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74.5 MW Solar operating in Martin, FL — Florida Power & Light Company
74.5 MW
Nameplate Capacity
1
Generators
unit
Solar Photovoltaic
Technology
2024
Operating Since
Coordinates
27.0307, -80.5248
County
Martin, FL
Nearby Plants
| Field | EIA | GEM | Wikidata |
|---|---|---|---|
| Operator | Florida Power & Light Co | Florida Power & Light | — |
| Owner(s) | Florida Power & Light Co | NextEra Energy | — |
| Status | Operating | operating | — |
The Monarch solar photovoltaic plant is located in Martin County, Florida. The plant, owned by NextEra Energy and operated by Florida Power & Light Co, has a total capacity of 74.5 MW from a single generator. It commenced operations in 2024, utilizing single-axis tracking for its solar panels. The plant operates within the Florida Power & Light Company balancing authority and the SERC NERC region.
In its latest year of operation, Monarch generated 143,287 MWh of electricity, achieving a capacity factor of 22.0%. The installed cost of the plant was $1,359 per kW, according to FERC data. Monarch is ranked as the 58th largest power plant in Florida out of 227, and 869th nationally out of 7108.
Generated from EIA, GEM, and public data sources
Grid Region
Southeast
Market
Bilateral Market
NERC Region
SERC — SERC Reliability Corporation
Balancing Authority
9.6K MWh
Latest Month
143.3K MWh
Annual Generation
22.0%
Capacity Factor
Solar photovoltaic · Florida Power & Light Company · Data from 2024
$1,359/kW
Installed Cost
$1.0/MWh
Operating Cost
This plant is in a bilateral market territory without organized wholesale pricing. Nodal pricing data is not available.
Last updated 2026-03-25
View all articlesFlorida Power & Light Company (FPL)
Grid Voltage
230.0 kV
Regulatory Status
RE — Regulated
Entity Type
Investor-Owned Utility
Sector
Electric Utility