Coggon Solar PV Park is a 135MW solar PV power project. It is planned in Iowa, the US. The project is currently in permitting stage. It will be developed in single phase. The project construction is likely to commence in 2022 and is expected to enter into commercial operation in December 2022.

Description

The project is being developed and currently owned by Clenera. The company has a stake of 100%.

Coggon Solar PV Park is a ground-mounted solar project which is planned over 640 acres.

The project is expected to supply enough clean energy to power 16,000 households. The project cost is expected to be around $107.8m.

The solar power project consists of 325,000 modules.

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Development Status

The project construction is expected to commence from 2022. Subsequent to that it will enter into commercial operation by December 2022.

Power Purchase Agreement

The power generated from the project will be sold to Central Iowa Power Cooperative under a power purchase agreement for a period of 20 years from 2022. The offtake capacity is expected to be 100MW.

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.

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