LADWP Beacon Solar PV Park – 3 is a 63MW solar PV power project. It is located in California, the US. The project is currently active. It has been developed in single phase. Post completion of construction, the project got commissioned in December 2016.
| Project Type | Total Capacity (MW) | Active Capacity (MW) | Pipeline Capacity (MW) | Project Status | Project Location | Project Developer | Solar PV | 63 | 63 | – | Active | California, the US | Hecate Energy; Sustainable Power Group |
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Description
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The project is developed by Hecate Energy and Sustainable Power Group. These companies also have ownership stakes in the project.
LADWP Beacon Solar PV Park – 3 is a ground-mounted solar project.
The project cost is $120.43m.
Development Status
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By GlobalDataThe project got commissioned in December 2016.
Power Purchase Agreement
The power generated from the project is sold to Los Angeles Department of Water and Power under a power purchase agreement. The power is sold at the rate of $0.051kWh for a period of 25 years, starting from 2014. The contracted capacity is 56MW.
Contractors Involved
Hecate Energy was selected to render EPC services for the solar PV power project.
JinkoSolar Holding was selected as the supplier of PV modules for the project.
Hecate Energy is the O&M contractor for the solar PV power project for a period of 25 years.
About Hecate Energy
Hecate Energy, is an energy company specializing in the development of PV solar and battery projects for energy storage. The company is headquartered United States.
About Sustainable Power Group
Sustainable Power Group LLC (Sustainable Power) is an operator of solar and wind projects. The company offers services which include project and asset management, operations and maintenance, diligent procurement, construction management, and technology solutions. The company is a joint venture between AES Corp and Alberta Investment Management Corp. Sustainable Power is headquartered in Salt Lake City, Utah, 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.
