LAS VEGAS, June 24, 2019 /PRNewswire/ -- NV Energy
continues to work toward its long-term goal of serving its
customers with 100 percent renewable energy, announcing today the
addition of nearly 1,200 megawatts of new solar photovoltaic
generation to be built in the state, along with 590 megawatts of
battery storage.
The renewable energy will come in the form of three projects
that will be located in southern Nevada. The company will seek approval of
these projects from the Public Utilities Commission of Nevada as part of its integrated resource plan
filing. With the addition of these new projects, NV Energy will
also exceed the promise made to its customers last year to double
its renewable energy by 2023.
"Today's announcement demonstrates our commitment to bringing
low-cost solar energy to our customers while helping Nevada be a leader in clean energy development
and the addition of battery storage helps extend the benefits of
these solar projects when the sun isn't shining," said Doug Cannon,
NV Energy president and chief executive officer. "Bringing more
renewable energy development to our state is what's best for our
customers, our economy, job creation and for our environment."
In April, Senate Bill 358 was signed into law by Nevada Governor Steve
Sisolak requiring Nevada
power providers to achieve a 50 percent renewable energy portfolio
standard (RPS) by 2030 – a change that NV Energy fully supported
and gets one step closer to satisfying with these projects. Cannon
added that in addition to helping meet Nevada's new RPS, the projects outlined in the
filing will help meet other important policy goals recently enacted
by the Nevada Legislature and signed by Governor Steve Sisolak, such as fostering the development
of community solar projects in low income areas, as well as
supporting customers' demands for new programs and services,
particularly businesses who are seeking sustainable, stable,
low-cost energy resources and carbon reduction.
The three new solar energy projects and three related
battery-energy storage resources are the result of a competitive
solicitation initiated in the fall of 2018, and will create more
than 3,000 temporary jobs using project labor agreements. The use
of union labor ensures the projects are constructed to the highest
industry standards so they can serve Nevada's energy needs for the long term.
NV Energy signed its first renewable power purchase agreement in
the 1980s and has since prided itself on making renewable energy
development a priority. The company exceeded Nevada's current renewable energy requirement
for the ninth straight year in 2018.
In May of last year, NV Energy announced what was, at the time,
the largest renewable energy expansion in Nevada's history – six new projects totaling
1,001 megawatts of new renewable energy to be built in the state
with 100 megawatts of battery storage.
Today's newly announced projects will be added to NV Energy's
current portfolio of 57 geothermal, solar, hydro, wind, biomass and
supported rooftop solar projects both in service and under
development.
Each of the three announced projects are expected to be
completed and serving customers by the end of 2023:
- Arrow Canyon Solar Project - 200 megawatt solar
photovoltaic project with a 75 megawatt – 5 hour battery storage
system. The project will be located in Clark County, NV, 20 miles northeast of
Las Vegas on the Moapa Band of
Paiutes Indian Reservation. It is being developed by EDF Renewables
North America, a market leading independent power producer and
service provider with over 30 years of expertise in renewable
energy. EDF Renewables' North American portfolio consists of 16
gigawatts of developed projects and 10 gigawatts under service
contracts.
- Southern Bighorn Solar & Storage Center – 300
megawatt solar array that includes a 135 megawatt-4 hour Li-Ion
battery energy storage system. The project will be built in
Clark County, NV on the Moapa
River Indian Reservation about 30 miles north of Las Vegas. It is being developed by 8minute
Solar Energy, the largest independent developer of solar PV and
storage projects in the United
States, with over 15 gigawatts of solar and storage under
development in California, the
Southwest, Texas, and the
Southeast, with more than 2 gigawatts of solar power plants now in
operation.
- Gemini Solar + Battery Storage Project - 690 megawatt
solar photovoltaic array coupled with a 380 megawatt AC battery
storage system. The project will be located in Clark County, NV 25 miles northeast of
Las Vegas on approximately 7,100
acres of federally-owned land under the management of the Bureau of
Land Management. It is being developed by Quinbrook Infrastructure
Partners in collaboration with Arevia
Power, who are managing the development phases of the
project. Quinbrook is a specialist investment manager focused
exclusively on lower carbon and renewable energy infrastructure
investment and operational asset management.
About NV Energy
NV Energy provides a wide range of energy services to more than 1.4
million customers throughout Nevada and more than 50 million tourists
annually. NV Energy, Inc. is a holding company whose principal
subsidiaries, Nevada Power Company and Sierra Pacific Power
Company, do business as NV Energy. NV Energy is headquartered in
Las Vegas, Nevada. Information
about NV Energy is available on the company's website, Twitter,
Facebook and YouTube pages, which can be accessed via
nvenergy.com.
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SOURCE NV Energy