Caprock Solar PV Park is a 25MW solar PV power project. It is located in New Mexico, the US. According to GlobalData, who tracks and profiles over 170,000 power plants worldwide, the project is currently active. It has been developed in a single phase. Post completion of construction, the project got commissioned in December 2016. Buy the profile here.

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Description

The project was developed by Deriva Energy and Iberdrola Australia. Deriva Energy and Manulife Financial are currently owning the project having ownership stake of 67% and 33% respectively.

Caprock Solar PV Park is a ground-mounted solar project which is spread over an area of 200 acres.

The project supplies enough clean energy to power 5,000 households.

Development status

The project got commissioned in December 2016.

Power purchase agreement

The power generated from the project is sold to Western Farmers Electric Cooperative under a power purchase agreement for a period of 25 years.

Contractors involved

Swinerton Renewable Energy was selected to render engineering procurement construction services for the solar PV power project.

Jinko Solar was selected as the supplier of the PV modules for the project. The company installed 10,300 modules at the site.

For more details on Caprock Solar PV Park, buy the profile here.

About Deriva Energy

Deriva Energy (Deriva) owns, operates and maintains renewable energy. It primarily acquires, develops, builds and operates wind and solar renewable generation throughout the US. Duke Energy Renewables also offers operations and maintenance services to third-party renewables operators. The company owns and operates 2,900 MW capacity of renewable energy including 2,300 MW wind power and 600 MW solar power. Its project portfolio includes Cimarron II Windpower, Frontier Windpower, Ironwood Windpower, Shirley Windpower, Los Vientos II Windpower, Sweetwater Windpower, Ajo Solar, Bagdad Solar, Black Mountain Solar, Blue Wing Solar, Dogwood Solar and Everetts Wildcat Solar. Deriva is headquartered in Charlotte, North Carolina, the US.

About Iberdrola Australia

Iberdrola Australia Ltd (Iberdrola Australia), a subsidiary of Iberdrola SA, is a major renewable energy company that develops, builds, owns, and operates renewable energy generation assets in Australia. It generates electricity through both owned and contracted wind farms and a solar farm across New South Wales, South Australia, and Western Australia. IEL sells the produced electricity to a range of customers in wholesale markets. Its development pipeline comprises wind and solar projects. The company has operations in Australia, Bermuda, Germany, Luxembourg, Malta, and the US through its subsidiaries and offices. Iberdrola Australia is headquartered in Sydney, Australia.

This content was updated on 14 May 2024

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GlobalData, the leading provider of industry intelligence, provided the underlying research used to produce this article.

This information is drawn from GlobalData’s Power Intelligence Center, which provides detailed profiles of over 170,000 active, planned and under construction power plants worldwide from announcement through to operation across all technologies and countries worldwide.