By Editors of Power Engineering
Vasari Energy has announced an expansion of its solar project in Maricopa County and Gild Bend Arizona.
When finished, the development will boost Vasari’s total capacity in the state from 68 MW to 140 MW.
“The Maricopa County development provides a considerable boost to our portfolio of clean energy assets, strengthening our position in the solar energy sector, the fastest growing of all renewable energy sectors,” said Sam Lipman, CEO of Vasari Energy.
Construction is expected to begin in October 2019, with an operation date of October 2020. Sonoran Solar Development Partners will develop the expansion.
Vasari is developing a pipeline of solar energy projects with an estimated power potential of 500-700 MW in California, Arizona, Nevada, and Texas, and a build out value of approximately $650 million to 900 million.
Through its various investments, the Company aims to reach an operating capacity of 1 GW by the end of 2020.