LADWP Beacon Solar PV Park – 3 is a 63MW solar PV power project. It is located in California, 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 Hecate Energy and Sustainable Power Group. Alberta Investment Management, The AES, StepStone Group and ULLICO are currently owning the project having ownership stake of 26%, 26%, 24% and 24% respectively.
LADWP Beacon Solar PV Park - 3 is a ground-mounted solar project.
Development status
The project got commissioned in December 2016.
Power purchase agreement
The power generated from the project is sold to Los Angeles Department of Water and Power under a power purchase agreement. The power is sold at the rate of $0.051kWh for a period of 25 years, starting from 2014. The contracted capacity is 56MW.
Contractors involved
Hecate Energy was selected to render engineering procurement construction services for the solar PV power project.
JinkoSolar Holding was selected as the supplier of PV modules for the project.
Hecate Energy is the O&M contractor for the solar PV power project for a period of 25 years.
For more details on LADWP Beacon Solar PV Park - 3, buy the profile here.
About Hecate Energy
Hecate Energy, is an energy company specializing in the development of PV solar and battery projects for energy storage. The company is headquartered United States.
About Sustainable Power Group
Sustainable Power Group LLC (Sustainable Power) is an operator of solar and wind projects. The company offers services which include project and asset management, operations and maintenance, diligent procurement, construction management, and technology solutions. The company is a joint venture between AES Corp and Alberta Investment Management Corp. Sustainable Power is headquartered in Salt Lake City, Utah, 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.
