Gemstone Solar PV Park is a 191MW solar PV power project. It is planned in Michigan, the US. According to GlobalData, who tracks and profiles over 170,000 power plants worldwide, the project is currently at the permitting stage. It will be developed in a single phase. The project construction is likely to commence in 2025 and is expected to enter into commercial operation in 2026. Buy the profile here.
Description
The project is being developed by Gemstone Solar and is currently owned by Clenera with a stake of 100%.
Gemstone Solar PV Park is a ground-mounted solar project which is planned over 1,000 acres.
The project is expected to supply enough clean energy to power 24,000 households.
Development status
The project construction is expected to commence from 2025. Subsequent to that it will enter into commercial operation by 2026.
Power purchase agreement
The power generated from the project will be sold to Wolverine Power Supply Cooperative under a power purchase agreement for a period of 20 years. The offtake capacity is expected to be 150MW.
For more details on Gemstone Solar PV Park, buy the profile here.
About Gemstone Solar
Gemstone Solar LLC specializes in producing, generating, and transmitting electricity through renewable energy. The company is headquartered in New Castle, Delaware, in the US.
Data Insights
From
The gold standard of business intelligence.
Blending expert knowledge with cutting-edge technology, GlobalData’s unrivalled proprietary data will enable you to decode what’s happening in your market. You can make better informed decisions and gain a future-proof advantage over your competitors.