Montalva Photovoltaic Solar Project is a 320MW solar PV power project. It is planned in Lajas, Puerto Rico. According to GlobalData, who tracks and profiles over 170,000 power plants worldwide, the project is currently at the permitting stage. It will be developed in a single phase. The project construction is likely to commence in 2025 and is expected to enter into commercial operation in 2026. Buy the profile here.
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Description
The project is being developed and currently owned by Greenbriar Capital. The company has a stake of 100%.
Montalva Photovoltaic Solar Project is a ground-mounted solar project which is planned over 870 acres.
The project is expected to generate 240,000MWh of electricity.
The solar power project consists of modules with rated capacity of 440W.
Development status
The project construction is expected to commence from 2025. Subsequent to that it will enter into commercial operation by 2026.
Power purchase agreement
The power generated from the project will be sold to The Puerto Rico Electric Power Authority under a power purchase agreement. The power will be sold at the rate of $0.15kWh for a period of 35 years. The capacity to be procured is 100MW.
Contractors involved
China Machinery Engineering and Pacific Green Energy are expected to render engineering procurement construction services for the solar PV power project.
For more details on Montalva Photovoltaic Solar Project, buy the profile here.
About Greenbriar Capital
Greenbriar Capital Corp. is a developer of renewable energy and sustainable real estate projects. The company acquires, develops, manages and sells various real estate properties.
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This information is drawn from GlobalData’s Power Intelligence Center, which provides detailed profiles of over 170,000 active, planned and under construction power plants worldwide from announcement through to operation across all technologies and countries worldwide.
