Lily Pond Solar PV Park is an 80MW solar PV power project. It is planned in Virginia, 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 80 80 Permitting Virginia, the US First Solar

Description

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

Lily Pond Solar PV Park is planned over 1,930 acres.

The project is expected to supply enough clean energy to power 14,000 households, to offset 61,000t of carbon dioxide emissions (CO2) a year. The project cost is expected to be around $80.8m.

Development Status

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The project construction is expected to commence from 2022. Subsequent to that it will enter into commercial operation by 2023.

Contractors Involved

First Solar will be the supplier of PV modules for the solar power project.

About First Solar

First Solar Inc (First Solar) is a provider of solar photovoltaic (PV) systems. It designs, manufactures and sells PV solar modules. The company produces solar systems using cadmium telluride technology. First Solar also offers solar PV power systems, and operations and maintenance services to system owners; and energy storage solutions and algorithms to design and simulate the optimal dispatch of a system. The company serves utilities, commercial and industrial companies, independent power producers, and other system owners in Asia Pacific, Europe, the Middle East, Africa and North America. It has solar module manufacturing facilities in the US, Malaysia, Germany and Vietnam. First Solar is headquartered in Tempe, Arizona, 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.