Alleans RRE Solar PV Park is a 400MW solar PV power project. It is planned in 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 | 400 | – | 400 | Permitting | the US | Alleans Renewables; RRE Power |
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Description
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The project is being developed by Alleans Renewables and RRE Power. These companies also have ownership stakes in the project.
Alleans RRE Solar PV Park is a ground-mounted solar project.
The project cost is expected to be around $431.2m.
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 Alleans Renewables
Alleans Renewables Ltd (Alleans Renewables) is an independent advisory firm. It provides sourcing, structuring, and execution of direct investment opportunities across cross-border. The firm acquires, develops and finances renewable energy infrastructure projects in the US, Italy and Spain. Alleans Renewables assists customers in investment opportunities across energy, environment and finance sectors. It works in partnership with Green Investment Group, APartners Capital and Power Construction Corporation of China among others. The firm also has operational offices in New York, the US; Milan, Italy; and Kowloon, Hong Kong. Alleans Renewables is headquartered in Kowloon, Hong Kong.
About RRE Power
RRE Power is primarily engaged in developing large scale Solar Farms. The company is involved in the development of Green Field Projects and acquisition of Ready-to-Build project and also to develop the projects for the community at large.
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.
