Ilute Solar PV Park is a 25MW solar PV power project. It is planned in Western, Zambia. According to GlobalData, who tracks and profiles over 170,000 power plants worldwide, the project is currently at the permitting stage. It will be developed in a single phase. The project construction is likely to commence in 2023 and is expected to enter into commercial operation in 2024. Buy the profile here.
Description
The project is being developed and currently owned by China Energy, Serengeti Energy and Western Solar Power. The company's ownership stake in the project stands as 33.34%, 33.33% and 33.33% respectively.
Ilute Solar PV Park is a ground-mounted solar project.
The project is expected to generate 80,000MWh of electricity. The project cost is expected to be around $43.074m.
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 GreenCo Power Services under a power purchase agreement. The offtake capacity is expected to be 25MW.
For more details on Ilute Solar PV Park, buy the profile here.
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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.
