‘Solar Parks’ – utility scale power plants sharing/saving on infrastructure

Home / Finance / ‘Solar Parks’ – utility scale power plants sharing/saving on infrastructure

A new model for solar power development has taken hold globally – the Solar Park – and with it the largest solar power plants are coming . A great example of one is talked about a bit deeper at the Benban Park in Egypt. Fundamentally – a solar park is a large number of utility scale solar projects grouped together on a large piece of large sharing interconnection infrastructure. This allows for investors to investment $60-200 million chunks on a project, while sharing a lot of surrounding costs. Building roads, negotiating with landowners, getting utility approvals, taking advantage of environmental/civil analysis, etc. The Egyptian park was specifically designed to drive international investment into a broader, safer project – while still providing a multi-billion dollar overall project. India has now taken this park model to the next level – 5 GW. More than doule the current largests parks – Egypt above and another Indian projejct around 2GW. Expect it to continue.

SOURCE: The 5 GW park will be located along the Gulf of Khambhat in DSIR on a contiguous stretch of land spread over 11,000 hectares. The government expects investments worth 250 billion INR (US$3.84 billion) and new jobs for more than 20,000 people.

John Fitzgerald Weaver on Twitter
John Fitzgerald Weaver
Solar Power Plant Project Developer at Commercial Solar Guy
John Fitzgerald Weaver is a solar developer, digitally as the 'Commercial Solar Guy.' As a project developer and installer, he’s sold and managed 50+ solar projects, totalling over $25 million - with their sizes ranging from 5kW to 1500kW. He’s been involved in many aspects of the solar supply chain – as a company founder, developer, project manager, manufacturer, permit runner, salesman, contractor and financier, climbs mountains, played football, enjoys an IPA or scotch, needs to get away, and really loves this strange connection between politics, energy, finance, environment, etc in the energy world, and likes run on sentences.