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Andromeda solar PV Plant

Sector: Solar • Location: Colombia

Source: World Bank Group

Project
Active

This project involves the construction of Andromeda solar PV plant, located neat Toluviejo city, Sucre department, Colombia. The planned capacity of the facility is 100MW and sponsor is Mainstream Renewable Power. The sponsor signed a deal to supply 180GW/h of clean energy each year in a 15-year private power purchase agreement (PPA) with Air-e, a Colombian energy distribution company. The PPA wil

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The project “Andromeda solar PV Plant” is an infrastructure initiative in the Solar sector, located in Colombia. Taiyo aggregates data on it from World Bank Group.

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Description

Description

This project involves the construction of Andromeda solar PV plant, located neat Toluviejo city, Sucre department, Colombia. The planned capacity of the facility is 100MW and sponsor is Mainstream Renewable Power. The sponsor signed a deal to supply 180GW/h of clean energy each year in a 15-year private power purchase agreement (PPA) with Air-e, a Colombian energy distribution company. The PPA will come into effect from 2024, once the c. 195,000 solar panels are installed and new transmission infrastructure is in place. The company was one of four companies awarded a contract as part of the competitive auction run by Air-e, in which Mainstream secured 50% of the total available capacity in the process. The total amount of the investment is $56 million and financial close was reached on September 30th, 2022. Realfin https://www.mainstreamrp.com/insights/mainstream-signs-private-power-purchase-agreement-for-100-mw-solar-project-in-colombia/

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Data quality score

100%

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