Concho Valley Solar PV Park is a 160MW solar PV power project. It is planned in Texas, the US. According to GlobalData, who tracks and profiles over 170,000 power plants worldwide, the project is currently at the under construction stage. It will be developed in a single phase. The project construction is likely to commence in 2021 and is expected to enter into commercial operation in 2023. Buy the profile here.
Description
The project is being developed and currently owned by Korea Midland Power and Merit SI. The owners have 50% stake in the project respectively.
Concho Valley Solar PV Park is a ground-mounted solar project which is planned over 700 acres.
The project cost is expected to be around $164m.
The solar power project consists of 447,000 modules.
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Development status
The project construction is expected to commence from 2021. Subsequent to that it will enter into commercial operation by 2023.
Power purchase agreement
The power generated from the project will be sold to Targa Resources Partners under a power purchase agreement.
For more details on Concho Valley Solar PV Park, buy the profile here.
About Korea Midland Power
Korea Midland Power Co Ltd (Komipo), a subsidiary of Korea Electric Power Corporation, is an electric utility that generates electricity; operates power plants; and provides various energy services. The company produces electricity from bituminous coal, anthracite coal, liquefied natural gas, solar, heavy oil, hydro, and wind sources. It owns and operates steam, internal combustion and combined cycle thermal power generation, pumped-storage, and renewable energy power plants. Komipo offers EPC management, consulting, education and training program, power plant operation and maintenance, and technical exchange program services. The company serves in domestic and overseas regions; and has plants in Boryeong, Incheon, Cheonan, Yeosu, Chungbuk. Komipo is headquartered in Boryeong-si, Chungcheongnam-do, South Korea.
About Merit SI
Merit SI LLC (Merit SI) is a sustainable infrastructure company that develops, designs, builds, and operates industrial-grade solar photovoltaic power plants, energy storage solutions, and advanced power plant control systems that offer grid and market integration services for power generation developers. Merit SI is headquartered in Houston, Texas, the US.
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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.
