Gerdau Solar PV Park is an 80MW 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 2024. Buy the profile here.
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Description
The project is being developed and currently owned by 174 Power Global and TotalEnergies. The owners have 50% stake in the project respectively.
Gerdau Solar PV Park is a ground-mounted solar project which is planned over 700 acres.
The project is expected to supply enough clean energy to power 13,000 households.
The solar power project consists of 231,000 modules.
Development status
The project construction is expected to commence from 2021. Subsequent to that it will enter into commercial operation by 2024.
Power purchase agreement
The power generated from the project will be sold to Gerdau Long Steel North America under a power purchase agreement for a period of 20 years.
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For more details on Gerdau Solar PV Park, buy the profile here.
About 174 Power Global
174 Power Global Corp, a subsidiary of Hanwha Energy Corp specializes in the installation of solar energy. The company is headquartered in Irvine, California, the US.
About TotalEnergies
TotalEnergies SE (TotalEnergies), formerly Total SE, is an integrated global multi-energy company, which generates energy from natural gas and green gases, oil and biofuels, and renewables. It carries out drilling, oil and gas production, processing, transportation, refining and petrochemical production, storage and distribution of petroleum products and specialty chemicals. It carries out power generation and gas trading and operates in the renewable energy sector. TotalEnergies supplies feedstock to chemical plants, charters ships and trades on various derivative markets. The company serves consumers in the transportation, automotive, aerospace, energy, housing and manufacturing industries. It has operations in Asia-Pacific, Africa, Europe, the Middle East, and North and South America. TotalEnergies is headquartered in Paris, Ile de France, France.
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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.
