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January 11, 2022

Terra-Gen Kern Solar PV Park 1, US

By Carmen

Terra-Gen Kern Solar PV Park 1 is a 62MW solar PV power project. It is planned in California, 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 62 62 Permitting California, the US Terra-Gen

Description

The project is being developed and currently owned by Terra-Gen. The company has a stake of 100%.

Terra-Gen Kern Solar PV Park 1 is a ground-mounted solar project.

The project cost is expected to be around $66.836m.

Development Status

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The project construction is expected to commence from 2023. Subsequent to that it will enter into commercial operation by 2024.

Power Purchase Agreement

The power generated from the project will be sold to San Jose Clean Energy under a power purchase agreement for a period of 12 years from 2021. The offtake capacity is expected to be 62MW.

About Terra-Gen

Terra-Gen LLC (Terra-Gen), is a renewable energy company that owns, operates, and develops utility-scale wind, solar, and geothermal generation. It owns and operates wind, geothermal and solar generating plants through its renewable power facilities located across the US. Its projects include Beowawe, Dixie Valley, Navy I, SEGS VIII, Cameron Ridge, Chandler, Alite Wind, Oak Creek, Foote Creek II, oote Creek IV, Peetz Table/Ridge Crest, Ridgetop, Pacific Crest, Texas Big Spring, San Gorgonio, TG Mojave Victory Garden, TG Mojave Windfarms and Victory Garden Repower. Terra-Gen sells the output of the renewable energy projects to utilities and power cooperatives under long-term power purchase agreements. The company has its operations in San Diego, Reno, and Greenwood Village, the US. Terra-Gen is headquartered in New York City, New York, 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.

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