Built on 15 hectares of existing yard space, the solar farm will operate for a period of approximately three years. It is designed to be modular and flexible, using a mobile transformer and hybrid substations, which along with the solar panels can be easily redeployed to other sites.
[pdf] Over 2.236 million photovoltaic (PV) solar panels have been installed, with the total number of PV panels set to reach approximately 3.959 million upon the project's completion next year. The solar park’s current production capacity is 3,860MW, with an additional 800MW under construction.
[pdf] The project name is Energy Storage No.1 Project, located in the Energy Storage Industrial Park, Hetao Street, Chengyang District, Qingdao City, Shandong Province, China, which is scheduled to start construction by the end of September 2023 and be completed and put into operation by the end of December 2024.
[pdf] The project, currently under construction and slated for commissioning in December 2024, represents a USD 300 Million investment and includes a 25-year Power Purchase Agreement with the Saudi Electricity Company (SEC).
[pdf] Recent pricing trends show 20ft containers (1-2MWh) starting at $350,000 and 40ft containers (3-6MWh) from $650,000, with volume discounts available for large orders.
[pdf] The project involves installing a 1,092 kWp solar-only system in two phases. This initiative is expected to significantly reduce WACT’s carbon footprint by approximately 20kt of Carbon Dioxide over the life of the agreement.
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