Palomino Solar Energy Project is a 260MW solar PV power project. It is planned in Ohio, the US. The project is currently in permitting stage. It will be developed in single phase. The project construction is likely to commence in 2022 and is expected to enter into commercial operation in 2023.
| Project Type | Total Capacity (MW) | Active Capacity (MW) | Pipeline Capacity (MW) | Project Status | Project Location | Project Developer | Solar PV | 260 | – | 260 | Permitting | Ohio, the US | Innergex Renewable Energy |
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Description
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The project is being developed and currently owned by Innergex Renewable Energy.
Palomino Solar Energy Project is a ground-mounted solar project which is planned over 1,400 acres.
The project is expected to supply enough clean energy to power 40,000 households. The project cost is expected to be around $280.28m.
Development Status
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By GlobalDataThe project construction is expected to commence from 2022. Subsequent to that it will enter into commercial operation by 2023.
About Innergex Renewable Energy
Innergex Renewable Energy Inc (Innergex) is an independent renewable power producer. It develops, acquires, owns and operates hydroelectric facilities, wind farms, and solar photovoltaic facilities through long-term power purchase agreements. The company sells electricity to publicly owned utilities or other creditworthy counterparties. Innergex analyzes potential sites and develops hydroelectric, wind and solar facilities up to the commissioning stage. Innergex manages a large portfolio of assets in which it has interests, which include hydroelectric facilities, wind farms, and solar farms, besides various projects under development stages. It owns and operates facilities in Canada, the US, France, and Chile. Innergex is headquartered in Longueuil, Quebec, Canada.
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.
