Hydroenergy Company JSC Solar PV Park is a 10MW solar PV power project. It is planned in South Kazakhstan, Kazakhstan. 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 South Kazakhstan, Kazakhstan Hydroenergy

Description

The project is being developed and currently owned by Hydroenergy. The company has a stake of 100%.

Hydroenergy Company JSC Solar PV Park is a ground-mounted solar project.

The project cost is expected to be around $11.487m.

Development Status

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The project construction is expected to commence from 2023. Subsequent to that it will enter into commercial operation by 2024.

About Hydroenergy

Hydroenergy Company Ltd (HCL) is a renewable energy company that designs, develops, constructs and operates solar PV plants and hydropower plants. The company offers services such as mechanical installation, electrical installation, civil works, value engineering, procurement and planning, and operation and maintenance services. It also provides project feasibility, project management, installation, design and permits, construction and assembly, and project development services, among others. The company has operations in Bulgaria, the US, Mexico, Chile, Turkey, Jordan, Japan and the UK. HCL is headquartered in Blagoevgrad, Bulgaria.

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.