NC 102 Solar PV Park is a 102.5MW solar PV power project. It is located in North Carolina, the US. The project is currently active. It has been developed in single phase. Post completion of construction, the project got commissioned in September 2018.
| Project Type | Total Capacity (MW) | Active Capacity (MW) | Pipeline Capacity (MW) | Project Status | Project Location | Project Developer | Solar PV | 102.5 | 102.5 | – | Active | North Carolina, the US | Recurrent Energy |
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Description
The project was developed by Recurrent Energy. NextEnergy Capital and Recurrent Energy are currently owning the project having ownership stake of 99% and 1% respectively.
NC 102 Solar PV Park is a ground-mounted solar project which is spread over an area of 672.596 acres.
The project generates 135,000MWh electricity and supplies enough clean energy to power 12,000 households. The project cost is $130m.
Development Status
The project got commissioned in September 2018.
Power Purchase Agreement
The power generated from the project is sold to Duke Energy Carolinas under a power purchase agreement for a period of 10 years from 2018. The contracted capacity is 74.8MW.
Contractors Involved
DEPCOM Power was selected to render EPC services for the solar PV power project.
Canadian Solar (USA) was selected as the supplier of PV modules for the project.
About Recurrent Energy
Recurrent Energy LLC (Recurrent Energy) a subsidiary of Canadian Solar Inc, is a clean energy company that develops utility-scale solar and energy storage projects. The company specializes in the development and operation solar energy projects that generate electricity. It has solar projects in North America. Recurrent Energy’s projects include Rosamond 1, Rosamond 2, Victor Phelan, Gillespie, Sunningdale 1, Apollo, Mustang and Garland project, and among others. The company has operations in the US and Canada. Recurrent Energy is headquartered in San Francisco, 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.
