New Newark Solar PV Park is a 50MW solar PV power project. It is located in England, the UK. 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 January 2021. Buy the profile here.
The project was developed by Lightsource BP Renewable Energy Investments and is currently owned by NextEnergy Solar Fund.
New Newark Solar PV Park is a ground-mounted solar project which is spread over an area of 214 acres.
The project supplies enough clean energy to power 13,441 households, offsetting 16,920t of carbon dioxide emissions (CO2) a year. The project cost is $45.658m.
The project got commissioned in January 2021.
Power purchase agreement
The power generated from the project is sold to InBev UK under a power purchase agreement for a period of 15 years.
For more details on New Newark 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..