Park Alpha is a 212MW onshore wind power project. It is planned in La Guajira, Colombia. The project is currently in permitting stage. It will be developed in single phase. Post completion of the construction, the project is expected to get commissioned in December 2022.

Project Type Total Capacity (MW) Active Capacity (MW) Pipeline Capacity (MW) Project Status Project Location Project Developer
Onshore 212 – 212 Permitting La Guajira, Colombia EDP Renovaveis

Description

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

The project cost is expected to be around $422.94m.

Development Status

Post completion of the construction, the project is expected to get commissioned in December 2022.

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Power Purchase Agreement

The power generated from the project will be sold to XM Compania de Expertos en Mercados under a power purchase agreement. The power will be sold at the rate of $0.015kWh for a period of 15 years.

About EDP Renovaveis

EDP Renovaveis SA (EDPR), a subsidiary of Energias de Portugal SA, is a renewable energy company. It develops, builds and operates wind farms and solar plants. The company also offers a wide range of services in the project lifecycle, including site identification, renewable resource analysis, obtainment of permit, design layout, contract, funding, construction, commencement of operation, delivery of energy, maintenance service, data analysis and dismantling. EDPR has interests in various projects in under development phase and in pipeline. It has operational presence in Europe, South America and North America. EDPR is headquartered in Madrid, Spain.

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.