Construction of the system will be carried out by SunPeak subsidiary, Imperial Valley Solar Company (IVSC) 1, LLC. Overall, 100,000 Suntech 285/290 watt Vd-Series modules are expected to be installed.
The plant will be built across 123 acres of land in Californias Niland, next to the Imperial Irrigation District's Niland electric substation and natural gas turbine facilities. When complete, it should generate enough energy to power around 14,000 homes.
When construction will commence, or when the project is expected to be grid connected, however, is unknown.
Investment is being provided by the North American Development Bank (NADB), which has made a US$77.4 million credit facility available to support the project.
Mick McDaniel, vice president of the Utility Sales Division for Suntech America commented, "This well-designed project demonstrates how solar power can efficiently complement existing grid assets, while maximizing value for grid operators and off-takers. Solar electricity serves as an effective hedge against volatile fuel prices and can significantly reduce the aggregate costs of electricity generation."
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