Five Forks Solar PV Farm is a 25.9MW solar PV power project. It is located in North Carolina, the US. The project is currently active. It has been developed in single phase. The project commenced construction in 2019.
| Project Type | Total Capacity (MW) | Active Capacity (MW) | Pipeline Capacity (MW) | Project Status | Project Location | Project Developer | Solar PV | 25.9 | 25.9 | – | Active | North Carolina, the US | BayWa r e Renewable Energy; PSEG Solar Source |
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Description
The project was developed by BayWa r e Renewable Energy and PSEG Solar Source. The project is currently owned by LS Power.
The project cost is $39.453m.
The project consists of 75,000 modules.
Development Status
The project commenced construction in 2019.
Power Purchase Agreement
The power generated from the project is sold to Virginia Electric and Power under a power purchase agreement for a period of 10 years.
Contractors Involved
BayWa r e Renewable Energy was selected to render EPC services for the solar PV power project.
BayWa r e Renewable Energy is the O&M contractor for the solar PV power project.
About BayWa r e Renewable Energy
BayWa r e Renewable Energy GmbH (BayWa r e Renewable Energy) that designs and manufactures renewable energy equipment. The company is headquartered in Munich, Germany.
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.
