Utilities, Solar, Sourcing Renewables - January 2, 2019
Nevada’s largest clean energy investment approved
The Public Utilities Commission of Nevada (PUCN) on Dec. 21 approved NV Energy’s Integrated Resource Plan, which will bring 1,001 megawatts of new renewable energy via six projects to Nevada, including, for the first time, 100 megawatts of battery storage capacity. The projects represent a direct investment of more than $2 billion.
“Earlier this year we made a promise to our customers that we would double our renewable energy by 2023 and today’s decision puts us closer to reaching that goal, as well as to our long-term commitment to serve them with 100 percent renewable energy,” said Doug Cannon, president of NV Energy, in a statement. “These six new projects, which represent the largest renewable energy investment in Nevada’s history, will also bring great economic benefits to our state.” NV Energy is owned by Warren Buffet’s Berkshire Hathaway.
The six projects will be split evenly between northern and southern Nevada. All are expected to be completed and serving customers by the end of 2021. NV Energy’s current portfolio includes approximately 50 solar, geothermal, hydro, wind, biomass, and supported rooftop solar projects, which accounts for 3,000 megawatts of renewable energy in Nevada.
Among the projects being developed are the Battle Mountain Solar Project, a 101-megawatt solar photovoltaic project located near Battle Mountain, Nevada; the project’s 25 megawatts of battery capacity will be the nation’s largest DC-coupled combined solar and battery storage system. The Dodge Flat Solar Energy Center is a 200-megawatt solar photovoltaic project located east of Reno, Nevada, which will integrate 50 megawatts of battery energy storage for four hours. The Fish Springs Ranch Solar Energy Center features 100 megawatts of solar photovoltaic power located north of Reno, Nevada and will also integrate 25 megawatts of battery energy storage for four hours.