Vega Baja Naguabo Solar PV Park is a 15MW solar PV power project. It is planned in Naguabo, Puerto Rico. The project is currently in permitting stage. It will be developed in single phase. Post completion of the construction, the project is expected to get commissioned in 2022.

Project Type Total Capacity (MW) Active Capacity (MW) Pipeline Capacity (MW) Project Status Project Location Project Developer
Solar PV 15 15 Permitting Naguabo, Puerto Rico Reden Solar

Description

The project is being developed and currently owned by Reden Solar.

Vega Baja Naguabo Solar PV Park is a ground-mounted solar project.

The project is expected to generate 28,908MWh of electricity. The project cost is expected to be around $17.29m.

Development Status

Post completion of the construction, the project is expected to get commissioned in 2022.

Power Purchase Agreement

The power generated from the project will be sold to Puerto Rico Electric Power Authority under a power purchase agreement for a period of 25 years. The offtake capacity is expected to be 15MW.

About Reden Solar

Reden Solar SAS manufactures photovoltaic units. Photovoltaic power plants are developed, constructed, operated, and managed by the company, which also generates energy. The company is headquartered in Roquefort-sur-Soulzon, 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.