LADWP Beacon Solar PV Park – 2 is a 107.8MW solar PV power project. It is located in California, the US. The project is currently active. It has been developed in multiple phases. Post completion of construction, the project got commissioned in December 2017.
| Project Type | Total Capacity (MW) | Active Capacity (MW) | Pipeline Capacity (MW) | Project Status | Project Location | Project Developer | Solar PV | 107.8 | 107.8 | – | Active | California, the US | SunEdison |
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Description
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The project was developed by SunEdison. Shikun & Binui and Capital Dynamics are currently owning the project having ownership stake of 49.5% and 1% respectively.
LADWP Beacon Solar PV Park – 2 is a ground-mounted solar project.
The project cost is $155.056m.
Development Status
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By GlobalDataThe project got commissioned in December 2017.
Power Purchase Agreement
The power generated from the LADWP Beacon Solar PV Park – 2 (SunE Beacon 2) is sold to Los Angeles Department of Water and Power under a power purchase agreement. The power is sold at the rate of $0.058kWh for a period of 25 years, starting from 2014. The contracted capacity is 48MW.
The power generated from the LADWP Beacon Solar PV Park – 2 (SunE Beacon 5) is sold to Los Angeles Department of Water and Power under a power purchase agreement. The power is sold at the rate of $0.059kWh for a period of 25 years, starting from 2014. The contracted capacity is 40MW.
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.
