200 MW Solar PPA For Hanwha’s 174 Power Global

• 174 Power Global has secured Black Hills Energy as its offtaker for a 200 MW solar project in Colorado, US
• The project is expected to enter construction in 2022 and targeting a completion timeline of 2023
• For Black Hills Energy, this is its 1^st and the largest utility scale solar project which it believes will lead to cost savings for its customers

US based natural gas electricity utility Black Hills Energy has signed up for power generation from a 200 MW solar power facility in Colorado under a 15-year power purchase agreement (PPA) with 174 Power Global, a solar and energy storage project developer for utility and C&I customers in North America.

The 200 MW Turkey Creek Solar Project in Pueblo County is expected to cost $200 million during construction while creating jobs for at least 250 people, a number that can go up too.

174 Power Global expects to break ground on site in 2022, targeting a grid connection timeline of 2023. The Hanwha group company will undertake project development and construction, while also owning and operating the project on completion.

"With a project of this magnitude—the first and largest utility-scale solar project for Black Hills Energy—we will assure significant cost savings for our customers, while achieving long-lasting environmental benefits and economic vitality for our local and regional economies for years to come," said Black Hills Energy's Vice President for Colorado Utilities, Vance Crocker.

Since 2017, 174 Power Global claims to have signed over 3 GW of PPAs, and claims more than 8 GW of additional solar projects and 10 GWh of energy storage projects in the development pipeline. A year back in March 2020, Nextracker said it completed a 3.4 GW tracker shipment with 174 Power Global for its US portfolio (see NEXTracker Completes 3.4 GW Shipment To 174 Power Global).

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