NV Energy (NYSE: NVE) and NextLight Renewable Power, LLC, announced a 25-year power purchase agreement (PPA) for a 50 megawatts (MW) photovoltaic power plant near Primm, Nevada.
NextLight’s plans to build the Silver State Solar Power photovoltaic facility on Bureau of Land Management (BLM) land, and will interconnect at NV Energy’s Bighorn substation adjacent to the project site.
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% of the total renewable energy credits to come from solar resources.
The Silver State Solar Power project is one of more than 41 proposed or existing renewable energy facilities engaged by NV Energy. The utility currently has more than 1,200 MW of geothermal, solar, biomass, waste-heat recovery and wind energy under contract that are either in commercial operation or in the project development stage.
The long-term agreement stems from NV Energy’s 2009 Request for Proposals for renewable energy and still requires approval by the Public Utilities Commission of Nevada
Headquartered in San Francisco, California, NextLight Renewable Power, LLC is an independent utility-scale solar power development company, with eight photovoltaic
projects totaling over 1,300 MW in advanced stages of development and 570 MW under contract
with major Western utilities. NextLight was formed in 2007 by the inaugural fund of private equity firm Energy
Capital Partners.
NV Energy RFP
NV Energy announced today that its two Nevada-based utility subsidiaries have issued a Request for Proposals (RFP) for additional renewable energy resources.
Proposals will be considered for energy derived from solar, geothermal, biomass, wind and other resources eligible for portfolio energy credits under Nevada renewable energy law. Nevada’s renewable portfolio standard stands at 12% of the total amount of retail electricity sales and increases to 15% in 2011 and to 25% in 2025.
Responses to the RFP are due at 5 p.m. (PDT) on April 16, 2010. Parties interested in submitting a response to the spring 2010 Request for Proposals should go to NV Energy’s website for additional information. The website also will enable respondents to register for a Pre-Bidders Conference that will be held March 11.
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ho no another cash cow
solar pv not smart like nellis afb cost $100m produces $1m ayear the panels last 20 years thats a loss of $80m.
& there not green by the way there made
Renewable energy will soon be the most important global industry. The fact that NV Energy has 41 existing or proposed renewable energy facilities should give you a hint as to just how many jobs (hint: thousands!) renewable energy will create for our country. Let’s face it, no matter what side of the fence you’re on, we can all agree that job-creation is an essential part in ensuring America’s recovery from the recession, and in ensuring sustainability for our economy. That’s why President Obama’s focus on cutting greenhouse gas emissions is so important. More than ever, now is the time to pass a climate bill that will enable our whole country to become energy independent, create hundreds of thousands of much needed domestic jobs, and keep our nation safe. Renewable energy and passing a real climate bill that limits carbon emissions are not simply environmental issues, but are ultimately financial and national issues that we all as citizens should support.
the panels last 20 years so there not renewable.
& not green buy the way there made 1 100 watter carries the berdon of about 300kg & 1400 deg c + another 700deg c.of heat + 36kw @ 277 volt.
so whats the point unless you like paying $2.00 a kw unsted of 20 cents.
take nellis, cost $100m, makes $1m ayear & the panels last 20 years.that a loss of $80m labor for monitoring & maintenance to run the scheem not included.
not smart or green.