Springbok 3 Solar PV Park is a 121MW solar PV power project. It is located in California, the US. The project is currently active. It has been developed in single phase. Post completion of construction, the project got commissioned in October 2019.
| Project Type | Total Capacity (MW) | Active Capacity (MW) | Pipeline Capacity (MW) | Project Status | Project Location | Project Developer | Solar PV | 121 | 121 | – | Active | California, the US | 8minute Solar Energy |
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Description
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The project was developed by 8minute Solar Energy. 8minute Solar Energy and Capital Dynamics are currently owning the project.
Springbok 3 Solar PV Park is a ground-mounted solar project.
The project generates 235,000MWh electricity and supplies enough clean energy to power 150,000 households. The project cost is $202.645m.
Development Status
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By GlobalDataThe project got commissioned in October 2019.
Power Purchase Agreement
The power generated from the project is sold to Los Angeles Department of Water and Power under a power purchase agreement. The power is sold at the rate of $0.051kWh for a period of 27 years, starting from 2019. The contracted capacity is 90MW.
Contractors Involved
8minute Solar Energy and Swinerton Renewable Energy were contracted to render operations & maintenance services for the project.
About 8minute Solar Energy
8minute Solar Energy LLC (8minutenergy) formerly known as 8minute Renewables LLC, is a solar energy company. The company develops, constructs, finances, holds, acquires, operates and maintains solar energy projects. The company’s service offerings include project development, structured financing, solar project acquisitions, complex project management, utility engineering, and electrical utility markets and regulation. The company projects include Mount Signal 3, Mount Signal 1, Springbok 2, Springbok 1, Hayworth, Redwood 4, Calipatria 1, Redcrest, and Woodmere. The company operates through its offices in the US, India and Singapore. 8minutenergy is headquartered in El Dorado Hills, California, the US.
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.
