GCL New Denver Solar PV Park is an 110MW solar PV power project. It is planned in Colorado, 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 2023.

Project Type Total Capacity (MW) Active Capacity (MW) Pipeline Capacity (MW) Project Status Project Location Project Developer
Solar PV 110 110 Permitting Colorado, the US GCL New Energy

Description

The project is being developed and currently owned by GCL New Energy.

GCL New Denver Solar PV Park is a ground-mounted solar project which is planned over 611 acres.

The project is expected to generate 215,000MWh of electricity. The project cost is expected to be around $118.58m.

Development Status

The project construction is expected to commence from 2022. Subsequent to that it will enter into commercial operation by 2023.

Power Purchase Agreement

The power generated from the project will be sold to Intermountain Rural Electric Association under a power purchase agreement for a period of 10 years.

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.