La Loma Solar Project is a 173.2MW solar PV power project. It is planned in Cesar, Colombia. The project is currently in permitting stage. It will be developed in single phase. Post completion of the construction, the project is expected to get commissioned in June 2022.
| Project Type | Total Capacity (MW) | Active Capacity (MW) | Pipeline Capacity (MW) | Project Status | Project Location | Project Developer | Solar PV | 173.2 | – | 173.2 | Permitting | Cesar, Colombia | Egp Fotovoltaica La Loma |
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Description
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The project is being developed by Egp Fotovoltaica La Loma and is currently owned by Enel Green Power Colombia.
La Loma Solar Project is a ground-mounted solar project.
The project is expected to generate 420.5GWh of electricity. The project cost is expected to be around $311.358m.
Development Status
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By GlobalDataPost completion of the construction, the project is expected to get commissioned in June 2022.
Power Purchase Agreement
The power generated from the project will be sold to XM Compania de Expertos en Mercados under a power purchase agreement. The power will be sold at the rate of $0.015kWh for a period of 20 years. The capacity to be procured is 150MW.
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.
