Cibola Solar PV Park is a 50MW solar PV power project. It is planned in New Mexico, the US. The project is currently in permitting stage. It will be developed in single phase. The project construction is likely to commence in 2023 and is expected to enter into commercial operation in 2024.
|Project Type||Total Capacity (MW)||Active Capacity (MW)||Pipeline Capacity (MW)||Project Status||Project Location||Project Developer||Solar PV||50||–||50||Permitting||New Mexico, the US||Route 66 Solar Energy Center|
The project is being developed and currently owned by Route 66 Solar Energy Center.
Cibola Solar PV Park is a ground-mounted solar project.
The project cost is expected to be around $75m.
The project construction is expected to commence from 2023. Subsequent to that it will enter into commercial operation by 2024.
Power Purchase Agreement
The power generated from the project will be sold to PNM under a power purchase agreement. The power will be sold at the rate of $29.98m for a period of 25.00 years, starting from 2021.
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