Lambert I and II Solar PV Park is a 200MW solar PV power project. It is planned in South Carolina, the US. 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 2023.
| Project Type | Total Capacity (MW) | Active Capacity (MW) | Pipeline Capacity (MW) | Project Status | Project Location | Project Developer | Solar PV | 200 | – | 200 | Permitting | South Carolina, the US | Silicon Ranch |
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Description
The project is being developed and currently owned by Silicon Ranch.
Lambert I and II Solar PV Park is a ground-mounted solar project.
The project cost is expected to be around $215.6m.
Development Status
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By GlobalDataThe project construction is expected to commence from 2022. Subsequent to that it will enter into commercial operation by 2023.
Power Purchase Agreement
The power generated from the project will be sold to Santee Cooper under a power purchase agreement.
About Silicon Ranch
Silicon Ranch Corp (Silicon Ranch) develops, owns and operates solar energy plants. The company offers services such as site evaluation, project development, and financing, among others. It caters its services to utilities, industrial facilities, governmental agencies, military and defense facilities, educational institutions and commercial businesses. Silicon Ranch works in collaboration with various power generation companies to develop and operate projects in US. The company undertakes and develops projects across the US. Silicon Ranch is headquartered in Nashville, Tennessee, 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.
