Sheldon Solar PV Park is a 20MW solar PV power project. It is planned in Vermont, the US. The project is currently in permitting stage. It will be developed in single phase. The project construction is likely to commence in 2023 and is expected to enter into commercial operation in 2024.

Project Type Total Capacity (MW) Active Capacity (MW) Pipeline Capacity (MW) Project Status Project Location Project Developer
Solar PV 20 20 Permitting Vermont, the US Ranger Solar

Description

The project is being developed and currently owned by Ranger Solar. The company has a stake of 100%.

Sheldon Solar PV Park is a ground-mounted solar project which is planned over 100 acres.

The project is expected to generate 33,626MWh electricity and supply enough clean energy to power 5,000 households. The project cost is expected to be around $20.2m.

Development Status

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The project construction is expected to commence from 2023. Subsequent to that it will enter into commercial operation by 2024.

Power Purchase Agreement

The power generated from the project will be sold to Eversource Energy under a power purchase agreement. The power will be sold at the rate of $0.071kWh for a period of 20 years. The capacity to be procured is 19.63MW.

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.