Ratts 1 Solar PV Park is a 150MW solar PV power project. It is planned in Indiana, 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 2024 and is expected to enter into commercial operation in 2025. Buy the profile here.
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Description
The project is being developed by Arevon Energy Management and Tenaska. The project is currently owned by Capital Dynamics with a stake of 100%.
Ratts 1 Solar PV Park is a ground-mounted solar project which is planned over 1,200 acres.
The project is expected to supply enough clean energy to power 28,000 households.
The solar power project consists of 375,000 modules.
Development status
The project construction is expected to commence from 2024. Subsequent to that it will enter into commercial operation by 2025.
Power purchase agreement
The power generated from the project will be sold to Indiana Municipal Power Agency under a power purchase agreement for a period of 20 years.
Contractors involved
The project will utilise horizontal single axis tracker that are likely to be supplied by NEXTracker.
For more details on Ratts 1 Solar PV Park, buy the profile here.
About Arevon Energy Management
Arevon Energy Management is a renewable energy company. It provide commercial, financial, performance asset management, and construction services. The company is headquartered in Scottsdale, Arizona, the US.
About Tenaska
Tenaska Inc (Tenaska) is an independent energy company. It designs, develops, finances, manages, and operates power plants. The company develops natural gas-fueled and renewable power projects. It sells power to independent power producers, private equity investors, utilities, industrial customers, and retail customers. It also markets natural gas and provides natural gas supply chain management services. Tenaska provides energy management and related services to generation and demand side customers in the US. It also offers asset management services for natural gas and power. The company has offices in Texas, Colorado, Illinos, Pennsylvania, and Massachusetts in the US and Alberta and British Columbia in Canada. Tenaska is headquartered in Omaha, Nebraska, the US.
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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.
