Karavasta Solar PV Park is a 140MW solar PV power project. It is planned in Fier, Albania. 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 2022.
| Project Type | Total Capacity (MW) | Active Capacity (MW) | Pipeline Capacity (MW) | Project Status | Project Location | Project Developer | Solar PV | 140 | – | 140 | Permitting | Fier, Albania | Voltalia |
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Description
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The project is being developed and currently owned by Voltalia.
Karavasta Solar PV Park is a ground-mounted solar project which is planned over 196.38 hectares.
The project cost is expected to be around $202.635m.
The solar power project consists of 241,400 modules, each with 580W nameplate capacity.
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By GlobalData32 inverters are likely to get installed at the project site.
Development Status
The project construction is expected to commence from 2022. Subsequent to that it will enter into commercial operation by 2022.
About Voltalia
Voltalia SA (Voltalia), a subsidiary of Voltalia Investissement SA, is a producer and service provider of renewable energy. The company generates and distributes renewable electricity using wind, biomass, hydro and solar energies. Its service offerings include project development, project financing; engineering services, procurement and construction. In addition, Voltalia also provides operation and maintenance services such as full asset management service, asset upgrading and revamping, and multi-technology and non intrusive systems. It generates and distributes renewable energy through its plants located in France, Greece and Brazil. The company has presence in Portugal, Brazil, Morocco, Greece, Italy, Spain, Belgium, Slovakia, Ukraine, UAE and the UK. Voltalia is headquartered in Paris, Ile-de-France, France.
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.
