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    City Of Chicago Plans To Procure Electricity From 593MW Double Black Diamond Solar PV Complex In US


    August 10, 2022 - Fitch Solutions Sector Intelligence

     

      THIS COMMENTARY IS PUBLISHED BY FITCH SOLUTIONS COUNTRY RISK & INDUSTRY RESEARCH and is NOT a comment on Fitch Ratings' Credit Ratings. Any comments or data are solely derived from Fitch Solutions Country Risk & Industry Research and independent sources. Fitch Ratings analysts do not share data or information with Fitch Solutions Country Risk & Industry Research.

      City Of Chicago Plans To Procure Electricity From 593MW Double Black Diamond Solar PV Complex In US

      • 10 Aug 2022
      • United States
      • Infrastructure

      News: The City of Chicago has signed a power purchase agreement (PPA) with Constellation Energy to secure output from Swift Current Energy's 593MW solar photovoltaic (PV) complex in the US. Called Double Black Diamond, the solar complex is expected to serve more than 100,000 homes per annum. Construction works on the PV complex are likely to start before the end of 2022, with completion due in 24 months. Initially, the PPA will be effective for a five-year term, starting in 2025 (Renewables Now).

      This report from Fitch Solutions Country Risk & Industry Research is a product of Fitch Solutions Group Ltd, UK Company registration number 08789939 ('FSG'). FSG is an affiliate of Fitch Ratings Inc. ('Fitch Ratings'). FSG is solely responsible for the content of this report, without any input from Fitch Ratings.

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