REA Energy Ceiba Solar PV Park is a 26MW solar PV power project. It is planned in Ceiba, Puerto Rico. The project is currently in permitting stage. It will be developed in single phase. Post completion of the construction, the project is expected to get commissioned in 2022.
| Project Type | Total Capacity (MW) | Active Capacity (MW) | Pipeline Capacity (MW) | Project Status | Project Location | Project Developer | Solar PV | 26 | – | 26 | Permitting | Ceiba, Puerto Rico | Rea Energy Ceiba Solar Plant |
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Description
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The project is being developed and currently owned by Rea Energy Ceiba Solar Plant.
REA Energy Ceiba Solar PV Park is a ground-mounted solar project.
The project is expected to generate 38,544MWh of electricity. The project cost is expected to be around $53.659m.
Development Status
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By GlobalDataPost completion of the construction, the project is expected to get commissioned in 2022.
Power Purchase Agreement
The power generated from the project will be sold to Puerto Rico Electric Power Authority under a power purchase agreement for a period of 20 years.
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.
