174 Power Global signs PPA for 200 MW Solar project in USA

174 Power Global, a leading solar energy company, announced that it has entered into a 15-year Power Purchase Agreement (“PPA”) with Black Hills Energy to develop a 200-megawatt (MW) solar power production facility, Turkey Creek Solar in Pueblo County, Colorado.

The new, utility-scale solar facility, is expected to generate enough electricity to power an estimated 46,000 Colorado homes with clean, renewable energy. Once operational, the facility will contribute to Black Hills Energy’s Renewable Advantage plan, a clean-energy growth strategy which is forecasted to deliver nearly US$178 million through state, local and federal taxes, benefiting the community.

The project has an estimated construction cost of over US$200 million and will create approximately 250 good-paying construction jobs, with the potential for up to 450 workers during certain phases of construction.

Construction of the facility is expected to commence in 2022, with the project coming online in 2023. Under the terms of the agreement, Black Hills Energy will purchase all power generated by the project. 174 Power Global will lead project development and construction, the engagement and permitting process with local agencies, including Pueblo and Fremont Counties, and will own and operate the facility.