Ivory Solar PV Park is a 66MW solar PV power project. It is located in Texas, the US. The project is currently active. It has been developed in single phase. Post completion of construction, the project got commissioned in November 2018.
| Project Type | Total Capacity (MW) | Active Capacity (MW) | Pipeline Capacity (MW) | Project Status | Project Location | Project Developer | Solar PV | 66 | 66 | – | Active | Texas, the US | BNB Renewable Energy Holdings; OCI Solar Power; RES America Developments |
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Description
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The project was developed by BNB Renewable Energy Holdings, OCI Solar Power and RES America Developments. The project is currently owned by DE Shaw Renewable Investments.
Ivory Solar PV Park is a ground-mounted solar project which is spread over an area of 900 acres.
The project supplies enough clean energy to power 35,000 households. The project cost is $116.3m.
Development Status
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By GlobalDataThe project got commissioned in November 2018.
Power Purchase Agreement
The power generated from the project is sold to CPS Energy under a power purchase agreement for a period of 25 years.
Contractors Involved
Mission Solar Energy was selected as the supplier of the PV modules for the project. The company installed 197,000 modules at the site.
The project is utilising single axis trackers supplied by Array Technologies.
About OCI Solar Power
OCI Solar Power LLC (OCI Solar), formerly CornerStone Power Development LLC, is a developer of solar power plants in North America. The company develops, owns and operates solar photovoltaic power projects. Currently it develops more than 500 MW of solar photovoltaic projects throughout the U.S. The company is a subsidiary of OCI Company Ltd. OCI Solar is headquartered in San Antonio, Texas, 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.
