Solverde 1 Solar PV Park is a 106.3MW solar PV power project. It is located in California, the US. 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 December 2016. Buy the profile here.

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Description

The project was developed by Sustainable Power Group. Alberta Investment Management, The AES, StepStone Group and ULLICO are currently owning the project having ownership stake of 26%, 26%, 24% and 24% respectively.

Solverde 1 Solar PV Park is a ground-mounted solar project.

The project generates 242,000MWh of electricity.

Development status

The project got commissioned in December 2016.

Power purchase agreement

The power generated from the project is sold to California Department of Water Resources under a power purchase agreement for a period of 20 years.

Contractors involved

JinkoSolar Holding was selected as the supplier of the PV modules for the project. The company installed 330,000 modules at the site.

Swinerton Renewable Energy is the O&M contractor for the solar PV power project.

For more details on Solverde 1 Solar PV Park, buy the profile here.

About Sustainable Power Group

Sustainable Power Group LLC (Sustainable Power) is an operator of solar and wind projects. The company offers services which include project and asset management, operations and maintenance, diligent procurement, construction management, and technology solutions. The company is a joint venture between AES Corp and Alberta Investment Management Corp. Sustainable Power is headquartered in Salt Lake City, Utah, the US.

This content was updated on 14 May 2024

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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.