Hanwha Dandan Solar PV Park is a 60MW solar PV power project. It is planned in Inarajan, Guam. The project is currently in permitting stage. It will be developed in multiple phases. 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 | 60 | – | 60 | Permitting | Inarajan, Guam | Hanwha Energy |
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Description
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The project is being developed and currently owned by Hanwha Energy.
Hanwha Dandan Solar PV Park is a ground-mounted solar project.
The project is expected to supply enough clean energy to power 40,000 households. The project cost is expected to be around $150m.
Development Status
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By GlobalDataThe 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 Guam Power Authority under a power purchase agreement. The power will be sold at the rate of $0.082kWh for a period of 25 years.
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Contractors Involved
Hanwha Energy is expected to render EPC services for the solar PV power project.
Hanwha Q CELLS will be the supplier of PV modules for the solar power project.
About Hanwha Energy
Hanwha Energy Corporation (Hanwha Energy) provides cogeneration and solar power generation provides. The Company offers electricity transmission, electricity distribution .The company is located in South Korea.
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.
