Solargenix Energy announced it has received the approvals needed to proceed with the development of Nevada Solar One, a 64-megawatt (MW) Solar Thermal Electric Generating Plant to be located in Boulder City, Nevada.
Nevada Solar One will be the third largest solar electric power plant in the world and will make Nevada one of the largest generators of solar energy in the U. S.
The Boulder City plant is scheduled to begin production of electricity in early 2007.
“We are most appreciative of all of the efforts by the many participants that helped make Nevada’s Renewal Energy Portfolio standard possible, including the PUCN, Governor Guinn, the Nevada State Legislature, the Nevada Bureau of Consumer Protection, Nevada Power Company, Sierra Pacific Power Company, the Nevada Development Authority and all of the citizens of Boulder City,” said Solargenix CEO John Myles.
According to the U. S. Department of Energy, the parabolic trough technology used in this plant has near-term potential to compete with fossil fuel technologies and represents a major renewable energy success story. The DOE issued a report that identifies suitable land and solar resources in Nevada that could produce over 600,000 megawatts (MW) of power generation using concentrating solar technologies. Nevada’s electricity consumption is less than 3% of this capacity.