NV Energy Signs 50-MW Solar PPA

NV Energy and NextLight Renewable Power LLC, have announced a 25-year contract for the purchase and sale of energy to be produced at NextLight’s 50 MW Silver State Solar Power photovoltaic facility near Primm, Nevada. Silver State Solar Power is located on Bureau of Land Management land, and will interconnect at NV Energy’s Bighorn substation adjacent to the project site.

 

The project will use solar photovoltaic technology to generate clean, emissions-free energy. Slated to commence construction as early as December 2010, the project will employ up to 230 workers during construction and is targeted for initial energy deliveries in May 2011.

NV Energy’s president and CEO Michael Yackira said the addition of a significant amount of solar resources is very important to the company and its customers, as it complies with the Nevada Renewable Energy Act that requires 6 percent of the total renewable energy credits to come from solar resources.

The long-term agreement stems from NV Energy’s 2009 Request for Proposals for renewable energy and requires approval by the Public Utilities Commission of Nevada.

Earlier this year, NV Energy signed a 20-year power purchase agreement with a subsidiary of Ram Power Corporation for energy that will be produced by a new geothermal power plant under development in central Nevada. The 32-megawatt Clayton Valley Geothermal Project is expected to be generating electricity by 2014.

These two projects are part of a large push in the renewable energy sector that the utility is making. NV Energy currently has more than 1,000 megawatts of geothermal, solar, biomass, hydro, waste-heat recovery and wind energy under contract or in the project development stage.

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