Salt River Project Solar PV Park is a 200MW solar PV power project. It is planned in Arizona, 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 December 2023. Buy the profile here.
Description
The project is being developed and currently owned by Navajo Transitional Energy and Photosol US Renewable Energy. The owners have 50% stake in the project respectively.
Salt River Project Solar PV Park is a ground-mounted solar project which is planned over 700 acres.
The project is expected to supply enough clean energy to power 30,000 households. The project cost is expected to be around $202m.
Development status
The project construction is expected to commence from 2023. Subsequent to that it will enter into commercial operation by December 2023.
Power purchase agreement
The power generated from the project will be sold to Salt River Project under a power purchase agreement for a period of 25 years from 2023. The offtake capacity is expected to be 200MW.
For more details on Salt River Project Solar PV Park, buy the profile here.
About Navajo Transitional Energy
Navajo Transitional Energy Company is an operator of a coal mine. The business focuses in coal extraction employing technology-driven, safe, and efficient energy production, giving clients access to low-cost energy. It is headquartered in Farmington, New Mexico, the US.
About Photosol US Renewable Energy
Photosol US Renewable Energy LLC (Photosol US Renewable Energy) is the renewable energy developer which carries out the development, construction, and operation of large-scale renewable energy plants. It also develops and builds onshore and offshore wind and solar power plants. The company is headquartered in United States.
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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.
