Nevada Utility Is Putting $2 Billion into Solar Power and Storage

By
REW_NevadaUtilityPutting2Billion

Berkshire Hathaway subsidiary NV Energy is planning to invest $2 billion on solar power from six new utility-scale projects in Nevada representing 1 GW of capacity.

NV Energy CEO Paul Caudill said in a statement that the investment is the largest of its kind in the state’s history.

“The six new projects position NV Energy to keep its commitment to double renewable energy by 2023 and, importantly, by diversifying our state’s electricity generation portfolio, will reduce the costs to serve customers,” Caudill said.

NV Energy said that three of the six projects will include energy storage capacity. 

The company plans to execute 25-year power purchase agreements for the six projects, which include:

  • Cypress Creek Renewables’ 100-MW Battle Mountain Solar Project, which includes 25 MW of battery energy storage for a four-hour period
  • NextEra Energy Resources’ 200-MW Dodge Flat Solar Energy Center, which includes 50 MW of battery energy storage for four hours
  • NextEra Energy Resources’ 100-MW Fish Springs Ranch Solar Energy Center, which includes 25 MW of battery energy storage for four hours
  • 8minutenergy Renewables’ 300-MW Eagle Shadow Mountain Solar Farm, which will be sited on land owned by the Moapa Band of Paiutes
  • Sempra Renewables’ 250-MW Copper Mountain Solar 5 project
  • Techren Solar’s 50-MW Techren Solar V project

The company will file its resource plan with the Public Utilities Commission of Nevada on June 1.

Lead image credit: CC0 Creative Commons | Pixabay

Untitled Document

Recent Articles

Largest Cherokee County wind farm now under construction

After a 23-year wind farm construction hiatus, work on a 2nd Cherokee County wind farm has begun. Developed...

Nine solar projects go live in Georgia

Duke Energy Renewables, a subsidiary of Duke Energy, announced that nine solar projects developed with SolA...

Can Italy strike twice?

Italy’s National Energy Strategy aims to increase wind and solar power’s share of gross final energy consum...

Lekela reaches financial close for its West Bakr Wind project

Lekela announced that it has reached financial close on its first wind project in Egypt, West Bakr Win...

Bernie Sanders’ ‘Green New Deal’ aims to have renewables power homes by 2030

Bernie Sanders wants renewable energy to power U.S. homes and vehicles by 2030 -- and he wants to do it by ...

EVENTS

There is no current content available.
Renewable Energy World's network editors help deliver the most comprehensive news coverage of the renewable energy industries. Based in the U.S. and the UK, the team is comprised of editors from Pennwell Corporation's myriad of publications that cover renewable energy.

PAST MAGAZINE ISSUE

05/01/2016
Volume 19, Issue 6

STAY CONNECTED

To register for our free
e-Newsletters, subscribe today: