Rancho Seco Solar PV Park II is a 160MW solar PV power project. It is located in California, 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 December 2020.
| Project Type | Total Capacity (MW) | Active Capacity (MW) | Pipeline Capacity (MW) | Project Status | Project Location | Project Developer | Solar PV | 160 | 160 | – | Active | California, the US | Lendlease |
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Description
The project was developed by Lendlease and is currently owned by DE Shaw Renewable Investments.
Rancho Seco Solar PV Park II is a ground-mounted solar project.
The project cost is $237.877m.
Development Status
The project construction commenced in 2019 and subsequently entered into commercial operation in December 2020.
Power Purchase Agreement
The power generated from the project is sold to Sacramento Municipal Utility District under a power purchase agreement for a period of 30 years.
About Lendlease
Lendlease Corp Ltd (Lendlease) is a provider of real estate services. It designs, develops, and constructs; and owns, operates, and manages property and infrastructure assets. The company offers asset and property management, building, construction, consultancy, development management, engineering, infrastructure development, investment management, and project management services. It also provides financial services and co-invests in various projects. The company’s Lendlease Digital and Lendlease Podium businesses focus at simplifying complex interdependencies in the built world. The company executes residential, commercial office, government, healthcare, hotels and resorts, infrastructure, pharmaceutical, retail, retirement senior living, technology and data centers, telecommunications, transport, and urban regeneration projects in the Americas, Europe, and Asia. Lendlease is headquartered in Sydney, New South Wales, Australia.
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.
