Lotus Solar PV Farm is a 67MW 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 September 2020.
| Project Type | Total Capacity (MW) | Active Capacity (MW) | Pipeline Capacity (MW) | Project Status | Project Location | Project Developer | Solar PV | 67 | 67 | – | Active | California, the US | 8minute Solar Energy; Tenaska Energy |
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Description
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The project was developed by 8minute Solar Energy and Tenaska Energy. Allianz Global Investors and Tenaska Energy are currently owning the project.
Lotus Solar PV Farm is a ground-mounted solar project which is spread over an area of 375 acres.
The project generates 125,000MWh electricity and supplies enough clean energy to power 12,000 households, offsetting 48,000t of carbon dioxide emissions (CO2) a year. The project cost is $99.61m.
Development Status
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By GlobalDataThe project got commissioned in September 2020.
Power Purchase Agreement
The power generated from the project is sold to Southern California Edison under a power purchase agreement for a period of 20 years, starting from 2020.
Contractors Involved
Signal Energy Constructors was selected to render EPC services for the solar PV power project.
Toshiba Mitsubishi-Electric Industrial Systems supplied 14 of its Ninja 4200 inverters to the project site.
The project is utilising horizontal single axis trackers supplied by NEXTracker.
About 8minute Solar Energy
8minute Solar Energy LLC (8minutenergy) formerly known as 8minute Renewables LLC, is a solar energy company. The company develops, constructs, finances, holds, acquires, operates and maintains solar energy projects. The company’s service offerings include project development, structured financing, solar project acquisitions, complex project management, utility engineering, and electrical utility markets and regulation. The company projects include Mount Signal 3, Mount Signal 1, Springbok 2, Springbok 1, Hayworth, Redwood 4, Calipatria 1, Redcrest, and Woodmere. The company operates through its offices in the US, India and Singapore. 8minutenergy is headquartered in El Dorado Hills, California, 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.
