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(KNSI) – Xcel Energy is preparing to build the largest solar energy project in Minnesota near Becker’s Sherco coal plant.

The $575 million, 460-megawatt Sherco Solar project will be built between 2022 and 2024. Xcel says the new energy-producing operation will supply power to 100,000 Upper Midwest homes every year.

“It will be among the lowest-cost solar energy in the state and will share the existing transmission infrastructure at the Sherco power plant, helping keep bills low for customers,” the company said in a statement.

The solar project comes as Xcel plans to gradually shut down the Sherburne County Generating Station over the next decade and, as a company, reduce emissions by 80 percent by 2030.

Xcel will partner with Minnesota-based National Grid Renewables on the project, which Xcel says will generate 900 construction jobs through its construction.

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