Peace Bear Ranch Solar PV Park is a 10MW solar PV power project. It is planned in Colorado, the US. 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 2022.
| Project Type | Total Capacity (MW) | Active Capacity (MW) | Pipeline Capacity (MW) | Project Status | Project Location | Project Developer | Solar PV | 10 | – | 10 | Permitting | Colorado, the US | The AES |
|---|
Description
The project is being developed and currently owned by The AES. The company has a stake of 100%.
Peace Bear Ranch Solar PV Park is a ground-mounted solar project.
The project cost is expected to be around $10.78m.
Development Status
Post completion of the construction, the project is expected to get commissioned in 2022.
Power Purchase Agreement
The power generated from the project will be sold to Holy Cross Energy under a power purchase agreement for a period of 20 years.
About The AES
The AES Corp (AES) is a power utility. It generates, transmits and distributes electricity. The company produces energy using the hydro, pet coke, diesel, biomass, oil, solar, heavy fuel oil, landfill gas, wind, coal, gas and energy storage sources. Under power purchase agreements, it sells the electricity to utilities, industrial users and other intermediaries. AES also owns and operates electric utilities, which generate, purchase, transmit, distribute and sell electricity to serve customers in the residential, industrial, commercial and governmental sectors. The company has operational presence in North America, Asia, Europe, South America, Central America and the Caribbean. AES is headquartered in Arlington, Virginia, 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.
