La Prosperidad Solar PV Park 1 is a 23.916MW solar PV power project. It is planned in Magdalena, Colombia. The project is currently in announced stage. It will be developed in single phase. The project construction is likely to commence in 2024 and is expected to enter into commercial operation in 2025.

Project Type Total Capacity (MW) Active Capacity (MW) Pipeline Capacity (MW) Project Status Project Location Project Developer
Solar PV 23.916 23.916 Announced Magdalena, Colombia La Prosperidad Solar

Description

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

La Prosperidad Solar PV Park 1 is a ground-mounted solar project which is planned over 30 hectares.

The project is expected to generate 37,816MWh electricity to offset 13,878t of carbon dioxide emissions (CO2) a year. The project cost is expected to be around $42.249m.

The solar power project consists of 74,736 modules.

Development Status

The project construction is expected to commence from 2024. Subsequent to that it will enter into commercial operation by 2025.

About La Prosperidad Solar

La Prosperidad Solar SAS is a renewable energy company that provides dispatchable renewable energy for the risk mitigation procurement program of independent power producers. The company is headquartered in Atlantico, Colombia.

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.