Silver Lake Solar PV Park 1 is a 24.99MW solar PV power project. It is planned in New York, 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 | 24.99 | – | 24.99 | Permitting | New York, the US | National Grid Renewables; Silver Lake Solar |
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Description
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The project is being developed by National Grid Renewables and Silver Lake Solar. The project is currently owned by Silver Lake Solar with a stake of 100%.
Silver Lake Solar PV Park 1 is planned over 175 acres.
The project cost is expected to be around $26.842m.
Development Status
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By GlobalDataThe project construction is expected to commence from 2023. Subsequent to that it will enter into commercial operation by 2024.
About National Grid Renewables
National Grid Renewables LLC (National Grid Renewables) formerly known as Geronimo Energy is engaged in the generation and sale of electricity. The company is involved in the development of solar and wind energy projects for commercial, industrial and utility-scale clients.National Grid Renewables has developed over 1,800 MW of renewable energy projects. The company has satellite offices located in southwest Minnesota, North Dakota, South Dakota, Illinois, New York and Michigan. Geronimo Energy is headquartered in Edina, Minnesota, the US.
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.
