Shiprock Solar PV Park is a 372MW solar PV power project. It is planned in New Mexico, the US. The project is currently in permitting stage. It will be developed in single phase. The project construction is likely to commence in 2022 and is expected to enter into commercial operation in 2023.

Project Type Total Capacity (MW) Active Capacity (MW) Pipeline Capacity (MW) Project Status Project Location Project Developer
Solar PV 372 372 Permitting New Mexico, the US Panorama Holding; Photosol US Renewable Energy

Description

The project is being developed by Panorama Holding and Photosol US Renewable Energy. The project is currently owned by Photosol US Renewable Energy.

Shiprock Solar PV Park is a ground-mounted solar project which is planned over 2,530 acres.

The project is expected to supply enough clean energy to power 91,000 households. The project cost is expected to be around $680m.

The solar power project consists of 1,300,000 modules.

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Development Status

The project construction is expected to commence from 2022. Subsequent to that it will enter into commercial operation by 2023.

About Panorama Holding

Panorama Holding Co LLC (Panorama Holding) specializes in real estate development, investment, finance, consultation, and EB-5 projects.The company is headquarted in United States.

About Photosol US Renewable Energy

Photosol US Renewable Energy LLC (Photosol US Renewable Energy) is the renewable energy developer which carries out the development, construction, and operation of large-scale renewable energy plants. It also develops and builds onshore and offshore wind and solar power plants. The company is headquartered in United States.

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.