Stipion Solar PV Park is a 350MW solar PV power project. It is planned in Eastern, Macedonia. 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 2024.
| Project Type | Total Capacity (MW) | Active Capacity (MW) | Pipeline Capacity (MW) | Project Status | Project Location | Project Developer | Solar PV | 350 | – | 350 | Permitting | Eastern, Macedonia | Akuo Energy |
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Description
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The project is being developed and currently owned by Akuo Energy. The company has a stake of 100%.
Stipion Solar PV Park is a ground-mounted solar project.
The project is expected to generate 650,000MWh of electricity. The project cost is expected to be around $506.587m.
Development Status
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By GlobalDataThe project construction is expected to commence from 2022. Subsequent to that it will enter into commercial operation by 2024.
About Akuo Energy
Akuo Energy SAS (Akuo Energy) is a renewable energy company that develops, finances, builds and operates renewable energy power plants. The company offers services such as project management, engineering, procurement and construction; and operation and maintenance of renewable energy power plants. It generates power using renewable energy sources such as hydro energy, ocean thermal energy conversion, biomass, wind energy and solar energy. The company has operations in the UAE, Turkey, Indonesia, Luxembourg, the US, Uruguay, Croatia, Poland, Bulgaria, Australia, Dominican Republic and Mongolia. Akuo Energy is headquartered in Paris, France.
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.
