Stonecrop Solar PV Park is a 100MW solar PV power project. It is planned in Kentucky, 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 | 100 | – | 100 | Permitting | Kentucky, the US | Belltown Power Texas; Competitive Power Ventures |
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Description
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The project is being developed by Belltown Power Texas and Competitive Power Ventures. The project is currently owned by Competitive Power Ventures with a stake of 100%.
Stonecrop Solar PV Park is a ground-mounted solar project.
The project cost is expected to be around $107.8m.
Development Status
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By GlobalDataThe project construction is expected to commence from 2023. Subsequent to that it will enter into commercial operation by 2024.
About Belltown Power Texas
Belltown Power Texas LLC specializes in the greenfield development of utility-scale solar and storage projects. The company is headquartered in Farmers Branch, Texas, the US.
About Competitive Power Ventures
Competitive Power Ventures Inc (CPV) is a power generation development and asset management company. The company develops combined-cycle natural gas and wind power projects to produce clean energy. Its project development activities include project conceptualization, market analysis, community relations, government affairs, permissions, financing, construction, and commercial operation. It also offers electric generation asset management services. The company’s asset management division manages fossil and renewable generating facilities in different states in the US. The company has presence in Silver Spring, Maryland; Braintree, Massachusetts; and San Francisco, California. CPV is headquartered in Silver Spring, Maryland, 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.
