La Loma Solar Project is an 187.36MW solar PV power project. It is planned in Cesar, Colombia. 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 by Egp Fotovoltaica La Loma and is currently owned by Enel Green Power Colombia with a stake of 100%.
La Loma Solar Project is a ground-mounted solar project which is planned over 437 hectares.
The project is expected to generate 420,000MWh electricity to offset 168t of carbon dioxide emissions (CO2) a year.
The solar power project consists of 400,000 modules, each with 460W nameplate capacity.
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 XM Compania de Expertos en Mercados under a power purchase agreement. The power will be sold at the rate of $0.015kWh for a period of 20 years. The capacity to be procured is 150MW.
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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.
