Peony Solar Farm is a 315MW solar PV power project. It is planned in Indiana, 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 | 315 | – | 315 | Permitting | Indiana, the US | Lightsource BP Renewable Energy Investments |
|---|
Description
Go deeper with GlobalData
The project is being developed and currently owned by Lightsource BP Renewable Energy Investments. The company has a stake of 100%.
Peony Solar Farm is a ground-mounted solar project which is planned over 1,900 acres.
The project is expected to supply enough clean energy to power 48,000 households, to offset 373,050t of carbon dioxide emissions (CO2) a year. The project cost is expected to be around $339.57m.
Development Status
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataThe project construction is expected to commence from 2022. Subsequent to that it will enter into commercial operation by 2023.
About Lightsource BP Renewable Energy Investments
Lightsource BP Renewable Energy Investments Ltd (Lightsource BP) formerly Lightsource Renewable Energy Ltd, is an alternative energy company. It acquires, develops and manages large-scale solar projects and smart energy solutions. The company’s service offering includes site identification, power marketing, engineering, procurement, construction management, and operation and maintenance services. Lightsource BP also provides power purchase agreements, risk management, asset management, monitoring, optimization and financing solutions. It operates across Americas, Africa, Asia Pacific, the Middle East and Europe. The company is owned by BP Plc and its management and staff. The Company is headquartered in London, Greater London, the UK.
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.
