Acme Solar Malchapur Solar PV Park is a 40MW solar PV power project. It is located in Karnataka, India. The project is currently active. It has been developed in multiple phases. Post completion of construction, the project got commissioned in January 2018.
| Project Type | Total Capacity (MW) | Active Capacity (MW) | Pipeline Capacity (MW) | Project Status | Project Location | Project Developer | Solar PV | 40 | 40 | – | Active | Karnataka, India | ACME Solar Energy Private |
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Description
The project is developed and owned by ACME Solar Energy Private.
Acme Solar Malchapur Solar PV Park is a ground-mounted solar project.
The project cost is $42.726m.
Development Status
The project got commissioned in January 2018.
Power Purchase Agreement
The power generated from the project is sold to Hubli Electricity Supply under a power purchase agreement. The power is sold at the rate of $0.067kWh for a period of 25 years. The contracted capacity is 40MW.
Methodology
All power projects included in this report are drawn from GlobalData’s Power Intelligence Center. The information regarding the project parameters is sourced through secondary information sources such as electric utilities, equipment manufacturers, developers, project proponent’s – news, deals and financial reporting, regulatory body, associations, government planning reports and publications. Wherever needed the information is further validated through primary from various stakeholders across the power value chain and professionals from leading players within the power sector.
