Tennessee Valley Authority Solar PV Park is a 220MW solar PV power project. It is planned in Tennessee, the US. The project is currently in announced 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 220 220 Announced Tennessee, the US Tennessee Valley Authority

Description

The project is being developed and currently owned by Tennessee Valley Authority.

Tennessee Valley Authority Solar PV Park is a ground-mounted solar project.

The project cost is expected to be around $237.16m.

Development Status

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The project construction is expected to commence from 2022. Subsequent to that it will enter into commercial operation by 2024.

About Tennessee Valley Authority

Tennessee Valley Authority (TVA) is a corporate agency and instrumentality established by federal law. It generates electricity using hydro, nuclear, coal, diesel and solar sources. Under short and long-term power purchase agreements and spot market purchases, the agency procures electricity from various power producers. TVA manages the Tennessee River system; operates flood control dams and related infrastructure; balances hydroelectric generation with navigation; and carries out flood damage reduction, water quality and supply and recreation. It supplies power to municipalities and other local government entities, and cooperatives on wholesale basis; and retails energy to end-use customers in northern Alabama, northeastern Mississippi, Tennessee and southwestern Kentucky, and portions of northern Georgia, western North Carolina and southwestern Virginia. TVA is headquartered in Knoxville, Tennessee, 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.