Agua Fria Solar PV Park is a 59.6MW solar PV power project. It is located in Valle, Honduras. The project is currently active. It has been developed in single phase. Post completion of construction, the project got commissioned in July 2015.

Project Type Total Capacity (MW) Active Capacity (MW) Pipeline Capacity (MW) Project Status Project Location Project Developer
Solar PV 59.6 59.6 Active Valle, Honduras Scatec

Description

The project was developed by Scatec. Scatec and Norfund are currently owning the project having ownership stake of 40% and 30% respectively.

Agua Fria Solar PV Park is a ground-mounted solar project which is spread over an area of 70 hectares.

The project generates 103,000MWh electricity and supplies enough clean energy to power 25,826 households, offsetting 66,167t of carbon dioxide emissions (CO2) a year. The project cost is $125m.

Development Status

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The project got commissioned in July 2015.

Power Purchase Agreement

The power generated from the project is sold to Empresa Nacional de Energia Electrica under a power purchase agreement for a period of 20 years.

Contractors Involved

Grupo Gransolar and Scatec were selected to render EPC services for the solar PV power project.

BYD was selected as the supplier of the PV modules for the project. The company supplied modules with rated capacity of 310W.

SMA Solar Technology supplied its SMA 990 inverters to the project site.

The project is utilising trackers supplied by PVHardware.

Scatec is the O&M contractor for the solar PV power project.

About Scatec

Scatec ASA (Scatec) is an integrated independent producer of solar power that develops, builds, owns and operates solar power plants. The company conducts project origination and development, project financing, design and engineering, procurement and construction management, operation and maintenance, and asset management. Scatec has solar power plants in operational and under construction in South Africa, Egypt, Malaysia, Brazil, Argentina, Honduras, Ukraine, Jordan, Mozambique, Czech Republic, and Rwanda. The company also has a pipeline of projects under development in Africa, Latin America, Europe and Central Asia, and South East Asia. Scatec is headquartered in Oslo, Norway.

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.