Spanish Peaks Solar PV Park is a 140MW solar PV power project. It is planned in Colorado, 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 October 2023.

Project Type Total Capacity (MW) Active Capacity (MW) Pipeline Capacity (MW) Project Status Project Location Project Developer
Solar PV 140 140 Permitting Colorado, the US Juwi

Description

The project is being developed and currently owned by Juwi.

Spanish Peaks Solar PV Park is a ground-mounted solar project which is planned over 660 acres.

The project is expected to supply enough clean energy to power 28,000 households. The project cost is expected to be around $150.92m.

The solar power project consists of 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 October 2023.

Power Purchase Agreement

The power generated from the project will be sold to Tri-State Generation and Transmission Association under a power purchase agreement for a period of 15 years from 2023. The offtake capacity is expected to be 100MW.

Contractors Involved

Juwi is expected to render EPC services for the solar PV power project.

Juwi is expected to perform operations and maintenance for the solar PV power project.

About Juwi

Juwi Inc (Juwi), a subsidiary of juwi AG, is a renewable energy company that operates wind and solar projects. The company’s services include development and acquisition, engineering, procurement, construction and operations and maintenance. Juwi’s operations and maintenance services comprise custom data analysis and automatic alarming; and development and acquisition services include land acquisition, community engagement, site analysis, interconnection, project planning, and permitting services. The company offers services for utility owned and contracted projects. Juwi’s various projects include Bison Solar, Mars Solar GardenPockwock Community Wind, Community Wind South, Rio Communities and San Isabel. It has operations in Australia, Greece, India, Italy, Japan, the Philippines, South Africa, Singapore, Spain, Thailand, Turkey and the US. Juwi is headquartered in Boulder, Colorado, 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.