Speedway Solar PV Park is a 199MW 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. Post completion of the construction, the project is expected to get commissioned in 2023. Buy the profile here.
Description
The project is being developed and currently owned by Ranger Power. The company has a stake of 100%.
Speedway 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 35,000 households. The project cost is expected to be around $175m.
Development status
Post completion of the construction, the project is expected to get commissioned in 2023.
Power purchase agreement
The power generated from the project will be sold to Wabash Valley Power Association under a power purchase agreement for a period of 35 years from 2023. The offtake capacity is expected to be 199MW.
For more details on Speedway Solar PV Park, buy the profile here.
About Ranger Power
Ranger Power LLC is a utility-scale solar development firm with a mission to provide cost-effective clean renewable energy projects and jobs to the Midwest. The organisation is dedicated to partnering with landowners and communities to bring new investment, employment, and renewable energy to the region. 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.
