Pike Solar PV Park is a 175MW 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. The project construction is likely to commence in 2023 and is expected to enter into commercial operation in 2024.
| Project Type | Total Capacity (MW) | Active Capacity (MW) | Pipeline Capacity (MW) | Project Status | Project Location | Project Developer | Solar PV | 175 | – | 175 | Permitting | Colorado, the US | juwi |
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Description
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The project is being developed and currently owned by juwi.
Pike Solar PV Park is a ground-mounted solar project.
The project is expected to supply enough clean energy to power 55,000 households. The project cost is expected to be around $260.178m.
The solar power project consists of 400,000 modules.
Development Status
The project construction is expected to commence from 2023. Subsequent to that it will enter into commercial operation by 2024.
Power Purchase Agreement
The power generated from the project will be sold to Colorado Springs Utilities under a power purchase agreement for a period of 17 years.
About juwi
juwi AG (juwi), a subsidiary of MVV Energie AG, is a renewable energy company that offers project development, engineering procurement, and construction services; and products and solutions for the energy turnaround. It offers whole-scale project development services for the planning and construction of on-shore wind farms and PV-plants. The company plans to constructs and develops large-scale solar off-grid plants with more than 1 MW capacity. juwi also provides various energy systems including photovoltaic, batteries or hybrid systems for diesel generators. It serves mining, cement, desalination, commercial and industrial, tourism, and agricultural customers across Asia, Europe, Africa and North America. juwi is headquartered in Worrstadt, Germany.
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.
