Franklin Solar PV Park is a 50MW solar PV power project. It is planned in New York, the US. The project is currently in permitting stage. It will be developed in single phase. Post completion of the construction, the project is expected to get commissioned in December 2022.
| Project Type | Total Capacity (MW) | Active Capacity (MW) | Pipeline Capacity (MW) | Project Status | Project Location | Project Developer | Solar PV | 50 | – | 50 | Permitting | New York, the US | Franklin Solar; National Grid Renewables; Sustainable Power Group |
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Description
The project is being developed by Franklin Solar, National Grid Renewables and Sustainable Power Group. The project is currently owned by Sustainable Power Group with a stake of 100%.
Franklin Solar PV Park is a ground-mounted solar project.
The project cost is expected to be around $53.9m.
Development Status
Post completion of the construction, the project is expected to get commissioned in December 2022.
About National Grid Renewables
National Grid Renewables LLC (National Grid Renewables) formerly known as Geronimo Energy is engaged in the generation and sale of electricity. The company is involved in the development of solar and wind energy projects for commercial, industrial and utility-scale clients.National Grid Renewables has developed over 1,800 MW of renewable energy projects. The company has satellite offices located in southwest Minnesota, North Dakota, South Dakota, Illinois, New York and Michigan. Geronimo Energy is headquartered in Edina, Minnesota, the US.
About Sustainable Power Group
Sustainable Power Group LLC (Sustainable Power) is an operator of solar and wind projects. The company offers services which include project and asset management, operations and maintenance, diligent procurement, construction management, and technology solutions. The company is a joint venture between AES Corp and Alberta Investment Management Corp. Sustainable Power is headquartered in Salt Lake City, Utah, the US.
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.
