Explore the latest trends and actionable insights on the Power Generation Construction Projects market to inform business strategy and pinpoint opportunities and risks.

Asia-Pacific: Five Largest Solar PV Construction Projects Started in Q4 2022

  • With a project value of $718 million, the SJVN – Bikaner Solar Power Plant 1000 MW – Rajasthan project was the largest Solar PV project in the Asia-Pacific, on which construction started in Q4 2022. The SJVN – Bikaner Solar Power Plant 1000 MW – Rajasthan project is located in India and initially announced in Q1 2022 with an estimated completion in Q2 2024. The ACEN Australia/ UPC Renewables – Stubbo Solar Farm 400 MW – New South Wales project was the second-largest project with a project value of $513 million, on which construction work started in Q4 2022. The ACEN Australia/ UPC Renewables – Stubbo Solar Farm 400 MW – New South Wales project is located in Australia and initially announced in Q1 2019 with an estimated completion in Q4 2024.

  • The Gansu Jinchang HWED – Jinchang Xipo PV Plant 500MW – Gansu project was the third-largest project, the Xuwen Deju NE – Xuwen Xinliao Fishery Photovoltaic Power Plant Phase I – Guangdong was the fourth-largest project, and the NHPC – Solar Power Plant: 300 MW – Rajasthan was the fifth-largest project with a project value of $328 million, $274 million and $223 million respectively. The Gansu Jinchang HWED – Jinchang Xipo PV Plant 500MW – Gansu project located in China was announced in Q1 2021 with an estimated completion in Q4 2024, the Xuwen Deju NE – Xuwen Xinliao Fishery Photovoltaic Power Plant Phase I – Guangdong project located in China was announced in Q3 2021 with an estimated completion in Q4 2023 and the NHPC – Solar Power Plant: 300 MW – Rajasthan project located in India was announced in Q3 2021 with an estimated completion in Q1 2025.

  • Among the five largest projects, the NHPC – Solar Power Plant: 300 MW – Rajasthan project is the longest in terms of completion date, with construction expected to be completed in Q1 2025. On the other hand, the Xuwen Deju NE – Xuwen Xinliao Fishery Photovoltaic Power Plant Phase I – Guangdong project is the shortest in terms of completion date, with construction expected to be completed in Q4 2023.

Asia-Pacific: Five Largest Solar PV Construction Projects Started in Q4 2022

Published: July 2022
Source: GlobalData

Explore the latest trends and actionable insights on the Power Generation Construction Projects market to inform business strategy and pinpoint opportunities and risks. Explore the latest trends and actionable insights on the Power Generation Construction Projects market to inform business strategy and pinpoint opportunities and risks. Visit Report Store
Still looking?

Don’t wait - discover a universe of connected data & insights with your next search. Browse over 28M data points across 22 industries.

Explorer

Access more premium companies when you subscribe to Explorer

Get in touch about GlobalData Company reports

Contact the team or request a demo to find out how our data can drive your business forward