Candela Renewables wins nod for 110-MW solar project in Ohio

Candela Renewables, an independent solar developer founded by former First Solar Inc (NASDAQ:FSLR) executives, has received permission to build and operate a 110-MW photovoltaic (PV) park in Ohio.

The company said on Monday that its application has received the green light from the Ohio Power Siting Board. The scheme will require a total investment of around USD 11.5 million (EUR 9.8m).

The Mark Center Solar Project calls for the installation of a solar farm of a 700-acre (283-ha) site in Defiance County’s Mark Township, to be capable of producing electricity for around 23,000 local homes per year. Construction works are scheduled to begin in the last quarter of 2022. The plant will interconnect into the PJM power grid. It is due to go online in June 2023.

Since it was found in 2018, San Francisco-based Candela has built a portfolio of over 3.6 GW of utility-scale solar and 2.2 GW of co-located energy storage projects. Earlier this year, the company joined hands with Spanish power and gas utility Naturgy Energy Group SA to form a new entity that holds Candela’s development pipeline.

(USD 1.0 = EUR 0.852)

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