Electric Sazan Surya Pars Larestan Solar PV Park is a 10MW solar PV power project. It is planned in Fars, Iran. 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 10 10 Permitting Fars, Iran Electric Sazan Surya Pars

Description

The project is being developed and currently owned by Electric Sazan Surya Pars. The company has a stake of 100%.

Electric Sazan Surya Pars Larestan Solar PV Park is a ground-mounted solar project.

The project cost is expected to be around $30.863m.

Development Status

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 Renewable Energy and Energy Efficiency Organization (SATBA) under a power purchase agreement from 2024. The offtake capacity is expected to be 10MW.

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.