Rexford 1 Solar PV Park is a 400MW solar PV power project. It is planned in California, 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. Post completion of the construction, the project is expected to get commissioned in December 2024. Buy the profile here.
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Description
The project is being developed and currently owned by Avantus. The company has a stake of 100%.
Rexford 1 Solar PV Park is a ground-mounted solar project.
The project is expected to supply enough clean energy to power 370,000 households, to offset 600,000t of carbon dioxide emissions (CO2) a year.
Development status
Post completion of the construction, the project is expected to get commissioned in December 2024.
Power purchase agreement
The power generated from the project will be sold to Clean Power Alliance under a power purchase agreement for a period of 15 years. The offtake capacity is expected to be 300MW.
For more details on Rexford 1 Solar PV Park, buy the profile here.
About Avantus
Avantus LLC (Avantus) formerly known as 8minute Solar Energy LLC, is a solar energy company. The company develops, constructs, finances, holds, acquires, operates and maintains solar energy projects. The company's service offerings include wholesale market optimization, asset management, energy trading, offtake opportunities, innovative financing structures, among others. It offers smart power plants, these integrate renewable energy production and storage into one seamless, intelligent system that can provide flexible, predictable output to the grid and help utilities dynamically manage load. Avantus is headquartered in El Dorado Hills, California, 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.
