Mangilao Solar PV Park is a 60MW solar PV power project. It is located in Mangilao, Guam. According to GlobalData, who tracks and profiles over 170,000 power plants worldwide, the project is currently active. It has been developed in a single phase. The project construction commenced in 2020 and subsequently entered into commercial operation in July 2022. Buy the profile here.
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Description
The project was developed by Korea Electric Power and LG Group. The project is currently owned by Korea Electric Power with a stake of 100%.
Mangilao Solar PV Park is a ground-mounted solar project.
The project supplies enough clean energy to power 40,000 households.
Development status
The project construction commenced in 2020 and subsequently entered into commercial operation in July 2022.
Power purchase agreement
The power generated from the project is sold to Guam Power Authority under a power purchase agreement. The power is sold at the rate of $0.085kWh for a period of 25 years. The contracted capacity is 60MW.
Contractors involved
JA Solar Holdings was selected as the supplier of PV modules for the project.
For more details on Mangilao Solar PV Park, buy the profile here.
About Korea Electric Power
Korea Electric Power Corp (KEPCO) is an integrated electric utility. It generates, transmits, and distributes electricity. The company produces electricity using nuclear, thermal, renewable, and other sources. Through power purchase agreements with independent power producers, KEPCO procures electricity. It also provides plant maintenance and engineering services for thermal and nuclear power plants; information services and communication line leasing; and sells nuclear fuel. KEPCO serves residential, commercial, educational, industrial, agricultural, street lighting, and overnight power customers in the country. The company is owned by Korea Development Bank, foreign investors, Government of the Republic of Korea, and others. KEPCO is headquartered in Naju-si, Jeollanam-do, South Korea.
About LG Group
LG Group (LG) is a company that provides electronic products. The company is headquartered in Seoul, Seoul, Republic of Korea (South Korea).
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GlobalData, the leading provider of industry intelligence, provided the underlying research used to produce this article.
This information is drawn from GlobalData’s Power Intelligence Center, which provides detailed profiles of over 170,000 active, planned and under construction power plants worldwide from announcement through to operation across all technologies and countries worldwide.
