Peace Bear Ranch Solar PV Park is a 10MW solar PV power project. It is planned in Colorado, the US. 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 The AES. The company has a stake of 100%.

Peace Bear Ranch Solar PV Park is a ground-mounted solar project.

The project cost is expected to be around $10.78m.

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 Holy Cross Energy under a power purchase agreement for a period of 20 years.

For more details on Peace Bear Ranch Solar PV Park, buy the profile here.

About The AES

The AES Corp (AES) is a power utility. It generates, transmits and distributes electricity. The company produces energy using the hydro, pet coke, diesel, biomass, oil, solar, heavy fuel oil, landfill gas, wind, coal, gas and energy storage sources. Under power purchase agreements, it sells the electricity to utilities, industrial users and other intermediaries. The company also owns and operates electric utilities, which generate, purchase, transmit, distribute and sell electricity to serve customers in the residential, industrial, commercial and governmental sectors. The company has operational presence in North America, Asia, Europe, South America, Central America and the Caribbean. AES is headquartered in Arlington, Virginia, the US.

GlobalData

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.