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November 24, 2021

Prospero Solar PV Park, US

By Carmen

Prospero Solar PV Park is a 379MW solar PV power project. It is located in Texas, the US. The project is currently active. It has been developed in single phase. The project construction commenced in 2019 and subsequently entered into commercial operation in 2020.

Project Type Total Capacity (MW) Active Capacity (MW) Pipeline Capacity (MW) Project Status Project Location Project Developer
Solar PV 379 379 Active Texas, the US 7x Energy; Longroad Energy Holdings

Description

The project was developed by 7x Energy and Longroad Energy Holdings. The project is currently owned by Longroad Energy Holdings with a stake of 50%, PenSam and Pensionskassernes Administration.

Prospero Solar PV Park is a ground-mounted solar project which is spread over an area of 4,640 acres.

The project generates 867,240MWh electricity and supplies enough clean energy to power 46,000 households. The project cost is $416m.

Development Status

The project construction commenced in 2019 and subsequently entered into commercial operation in 2020.

Power Purchase Agreement

The power generated from the project is sold to Shell Energy North America (US) under a power purchase agreement for a period of 12 years.

Contractors Involved

Swinerton Renewable Energy was selected to render EPC services for the solar PV power project.

First Solar was selected as the supplier of the PV modules for the project. The company installed 3,161,280 modules at the site.

The inverters were procured from TMEIC for the project.

The project is utilising trackers supplied by NEXTracker.

Methodology

All power projects included in this report are drawn from GlobalData’s Power Intelligence Center. The information regarding the project parameters is sourced through secondary information sources such as electric utilities, equipment manufacturers, developers, project proponent’s – news, deals and financial reporting, regulatory body, associations, government planning reports and publications. Wherever needed the information is further validated through primary from various stakeholders across the power value chain and professionals from leading players within the power sector.

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