Lone Oak Solar Energy Center is a 120MW solar PV power project. It is planned in Indiana, 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 | 120 | – | 120 | Permitting | Indiana, the US | Invenergy |
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Description
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The project is being developed and currently owned by Invenergy.
Lone Oak Solar Energy Center is a ground-mounted solar project which is planned over 1,200 acres.
The project is expected to supply enough clean energy to power 35,000 households. The project cost is expected to be around $110m.
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.
About Invenergy
Invenergy LLC (Invenergy) is a full-service energy solutions provider. The company invests, develops, constructs, owns, and operates renewable and other clean energy generation and storage facilities. The company captures, generates, and stores power from wind, solar, natural gas. Invenergy provides a range of technology and end-to-end energy solutions to corporations, utilities and other energy asset owners. Its services include asset management, energy management, and engineering and analysis, among others. It also offers on-site and performance inspections and maintenance services. The company operates through regional development offices in the US, Canada, Colombia, Mexico, Japan, Poland and Scotland. Invenergy is headquartered in Chicago, Illinois, 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.
