Lightsource BP NSW Solar PV Park is a 107MW solar PV power project. It is planned in New South Wales, Australia. 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 by Lightsource BP Renewable Energy Investments and is currently owned by Lightsource Renewable Energy Australia with a stake of 100%.
Lightsource BP NSW Solar PV Park is a ground-mounted solar project which is planned over 280 hectares.
The project is expected to generate 235,000MWh electricity and supply enough clean energy to power 37,600 households. The project is expected to offset 200,000t of carbon dioxide emissions (CO2) a year. The project cost is expected to be around $92.9m.
The solar power project consists of 296,000 modules.
15 inverters are likely to get installed at the project site.
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 Snowy Hydro under a power purchase agreement for a period of 15 years. The offtake capacity is expected to be 105MW.
For more details on Lightsource BP NSW Solar PV Park, buy the profile here.
About Lightsource BP Renewable Energy Investments
Lightsource BP Renewable Energy Investments Ltd (Lightsource BP) formerly Lightsource Renewable Energy Ltd, is an alternative energy company. It acquires, develops and manages large-scale solar projects and smart energy solutions. The company’s service offering includes site identification, power marketing, engineering, procurement, construction management, and operation and maintenance services. Lightsource BP also provides power purchase agreements, risk management, asset management, monitoring, optimization and financing solutions. It operates across Americas, Africa, Asia Pacific, the Middle East and Europe. The company is owned by BP Plc and its management and staff. The Company is headquartered in London, Greater London, the UK..
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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.
