NV Energy notified the plant of the termination in June. NV Energy's grace period after defaulting on the contract ended Thursday, 3rd Oct. The lawsuit was filed in court on Wed., 2nd Oct.
In June, NV Energy announced it was seeking to build about 1,200 mw of solar generation and nearly 600 mw of battery storage.
(Source; NV Energy, Nevada Independent, 6 Oct., 2019)
Contact: NV Energy, Doug Cannon, Pres., CEO, Kristen Saibini, Senior Corporate Communication Specialist, (775) 834-3891, firstname.lastname@example.org, www.nvenergy.com; SolarReserve, Mary Grikas, (310) 315-2274, email@example.com, www.solarreserve.com
More Low-Carbon Energy News Crescent Dunes Solar, NV Energy , SolarReserve, Concentrated Solar,
Each of the three announced projects -- the 200-mw Arrow Canyon Solar Project with a 75 mw battery storage system; the 300-mw Southern Bighorn Solar & Storage Center with 135-mw Li-Ion battery energy storage system; and the 690-mw Gemini Solar + Battery Storage Project with a 380 mw AC battery storage system -- are expected to be online by the end of 2023.
NV Energy's current portfolio includes 57 geothermal, solar, hydro, wind, biomass and supported rooftop solar projects both in service and under development. (Source: NV Energy, PR, 24 June, 2019) Contact: NV Energy, Doug Cameron, CEO, Pres., www.nvenergy.com
More Low-Carbon Energy News NV Energy, Solar,
In a 2018 announcement, NV Energy noted plans to add six more large-scale solar projects, three of which will include battery storage capacity. NV Energy also recently submitted its annually-required renewable portfolio standard (RPS) compliance filing to the Public Utilities Commission of Nevada, which stated that the company had exceeded the current RPS requirement for the ninth-straight year. Instead of the 20 pct required today, 24 pct of the energy the company provides is generated from renewable resources.
Nevada is a leader in renewable energy, ranking fourth in solar and second in geothermal. NV Energy has fostered renewable development since before a renewable standard was put into place, having signed its first geothermal contract in 1986. Thanks to expanding renewable energy serving our customers and the retirement of coal-fueled generation in Nevada, the state experienced an 85 pct reduction in coal-fueled carbon emissions and reduced carbon emissions from the electric industry by 44 pct from 2005 to 2015.
NV Energy Inc, which provides a range of energy services to more than 1.4 million customers throughout Nevada, is a holding company whose principal subsidiaries, Nevada Power Company and Sierra Pacific Power Company, do business as NV Energy. (Source: NV Energy, PR 23 April, 2019) Contact: NV Energy,
Doug Cannon, Pres., CEO,
Senior Corporate Communication Specialist,
(775) 834-3891, firstname.lastname@example.org, www.nvenergy.com
More Low-Carbon Energy News NV Energy, Renewable Energy Portfolio, Renewable Energy Standard,
The 501c3 NV Energy Foundation giving impacted 168 nonprofit organizations statewide through donations of more than $3.2 million in 2018. The NV Energy Foundation addresses community needs in the areas safety and wellness, environmental and community enhancement, education (STEM) and arts and culture. The NV Energy Foundation is funded by NV Energy, not its customers.
In northern Nevada, nearly $1.2 million in grants was provided to 88 nonprofit organizations including Arts for All Nevada, Envirolution, Comstock Foundation for History and Culture, Holland Project, Domestic Violence Resource Center and Nevada Rural Counties RSVP Program, Inc.
In southern Nevada, over $2 million in grants was provided to 80 nonprofit organizations including Grant A Gift of Autism Foundation, Three Square, Friends of Nevada Wilderness, DISCOVERY Children's Museum, Neon Museum, Volunteers in Medicine of Southern Nevada and HELP of Southern Nevada. Employees also donated nearly $575,000 through our annual United Way employee giving campaign.
NV Energy maintains the NV Energy Foundation, a 501c3, to support its philanthropic efforts. Through direct grants, scholarships and employee grant programs, the NV Energy Foundation actively supports improvements in the quality of life in NV Energy's service territories. The NV Energy Foundation is funded by NV Energy, not its customers.
According to NV Energy, "NGR 2.0 offers eligible customers the ability to pay a rate directly tied to low-cost, Nevada-based solar resources, which is in line with our own philosophy to provide all of our customers with clean energy, while keeping rates low. This sustainable energy solution is a win-win as eligible customers will reduce their energy costs while NV Energy retains the renewable energy credits in order to comply with Nevada's renewable portfolio standard for the benefit of all customers."
The initial allotments for the renewable energy rate include up to 565,000 MWh of solar for southern Nevada customers and 375,000 in the north, which combined serves approximately 153 MW of demand. Commercial customers who use at least 8,760 MWh of energy and have MW or more are eligible to participate. Governmental entities need only use 8,760 MWh of energy annually.
(Source: NV Energy, PR, Mar., 2019) Contact: NV Energy, Kristen Saibini,
Corporate Communications, (775) 834-3891,
More Low-Carbon Energy News NV Energy, Renewable Energy, Renewable Energy Credits,
The plan foresees PPAs for 1,001 MW of solar PV parks coupled with a total of 100 MW of battery storage facilities at a cost of $2 billion, or more, by the end of 2021.
The proposed projects projects -- Battle Mountain Solar Project, Dodge Flat Solar Center, Fish Springs Ranch, Eagle Shadow Mountain Solar Ranch, Copper Mountain Solar 5, and the Techren Solar 5 project -- will expand NV Energy's renewables portfolio to around 3,000 MW. NV Energy's portfolio presently 50 solar, geothermal, hydropower, wind, biomass, and supported rooftop solar projects. (Source: NV Energy, Renewables, 31 Dec., 2018) Contact: NV Energy, Dave Ulozas, VP Renewable Resources, (702) 402-5000, www.nvenergy.com
More Low-Carbon Energy News NV Energy , Solar,
Fulcrum plans to use an alternative, independent energy provider for a biorefinery currently under construction in Storey County, Nevada, according to documents submitted to the PUC.
Six major corporate customers have have opted for substantial "but-outs" to exit NV Energy, including: Barrick Gold, MGM Resorts International, Caesars Entertainment Corp, Peppermill Resorts and Wynn Resorts Ltd. (Source: Las Vegas Review-Journal, 31 Oct., 2018)
Contact: Fulcrum Bioenergy, Rick Barraza, VP Administration, (925) 224-8244, email@example.com, www.fulcrum-bioenergy.com, www.facebook.com/fulcrumbioenergy
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The successful projects would need to be approved by the Nevada PUC, the utility noted. The deadline for bids is December 10. (Source: NV Energy, Renewables, Others, 17 Oct., 2018)Contact: NV Energy, Dave Ulozas, VP Renewable Resources, (702) 402-5000, www.nvenergy.com
More Low-Carbon Energy News NV Energy, Renewable Energy,
A recently introduced ballot
contemplates increasing the RPS gradually over several years --
26 pct by 2022; 34 pct by 2024; 42 pct by 2027; and 50 pct by 2030.
NV Energy has not publicly taken a position on the ballot measure, but the utility did announce plans in January to double its renewable energy delivery by 2023. In the same announcement, the utility said its long-term goal is to move toward 100 percent renewable power.
(Source: NV Energy, PR, Nevada Independent, April, 2018) Contact: NV Energy, Dave Ulozas, VP Renewable Resources, (702) 402-5000, www.nvenergy.com
More Low-Carbon Energy News NV Energy, Renewable Energy, Renewable Portfolio Standard ,
The 50-MW Turquoise Nevada solar project, to be constructed in the Reno Technology Park will benefit from a 25-year PPA and is expected to be operational by the end of 2020. The Turquoise Nevada solar project is a venture of Estuary Capital Advisors and Sumitomo Corporation of Americas. NV Energy has submitted a separate request with the Public Utilities Commission of Nevada to utilize the NV GreenEnergy Rider program to help a major customer offset 100 percent of its next phase of growth with solar energy.
If approved, the new solar energy projects will be operational on or before September 1, 2020.
(Source: NV Energy, Various Media, 8 Nov., 2017) Contact: NV Energy , Pat Egan, VP Renewable Energy and Smart Infrastructure, www.nvenergy.com
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NV Energy subsidiaries Nevada Power Co. and Sierra Pacific Power Co. will purchase power from the two projects.
Although this acquisition is EDF's entry into Nevada, the company has developed nine gigawatts of wind, solar, biomass and biogas projects in the U.S., Canada and Mexico. (Source: EDF, San Diego Bus. Journal, Others, 14 July, 2017) Contact: EDF Energy Renewables, Ryan Pfaff, Exec. VP, Tim Wheeler, Onshore Wind Development Manager, www.edf-er.com; First Solar, Brian Kunz, VP Project Dev., Steve Krum (602) 427-3359, firstname.lastname@example.org, David Brady, Inv. Rel., (602) 414-9315, email@example.com, www.firstsolar.com
More Low-Carbon Energy News EDF Renewable Energy, Solar, First Solar ,
The Program, which was passed by the state legislature in 2013, allocated 2 MW of private solar projects to be installed for the benefit of low-income customers. In 2016, NV Energy and CLEAResult joined forces to implement and manage the second phase of the pilot project aimed at delivering 1 MW of solar energy to non-profit organizations serving lower-income communities. Fifteen solar PV systems were installed on buildings for organizations serving children, veterans and families in need during the second phase.
The Lower Income Solar Energy Pilot Program received funding from the Nevada Governor's Office of Energy.
(Source: Electric Light & Power, 16 May, 2017) Contact: NV Energy,
Jesse Murray, Dir. Renewable Energy Programs, www.nvenergy.com; CLEAResult, Michele Negley, VP, (512) 327-9200, www.clearesult.com
More Low-Carbon Energy News CLEAResult , NV Energy, Solar,
The legislation is intended to correct changes made in 2015-16 that effectively drove up the cost of residential solar and virtually halted the state's previously booming residential-solar industry and caused Sunrun, SolarCity and many small solar contractors to leave the solar business in Nevada.
Assembly Bill 270 is among five bills aimed at promoting renewable energies.
Other measures would require solar companies to make contracts clearer, allow multiple homes to share solar energy and speed up the state's move to renewables.
State law currently directs NV Energy, the state's monopolized utility, and any other providers to generate 20 pct of retail electricity from renewable sources.
(Source: Nevada Legislature, CBS Las Vegas, AP, 6 April, 2017)
More Low-Carbon Energy News Solar, Rooftop Solar, Nevada Solar, Renewable Energy,
Crescent Dunes is a utility-scale, 110-MW CSP facility utilizing SolarReserve's proprietary molten salt energy storage technology. The facility has a 25-year PPA with NV Energy,the state's major utility.
SolarReserve is the project developer and managing investor, along with initial equity investors ACS Cobra and Santander will hold their ownership stake.
(Source: Capital One Bank, SolarReserve, 17 Jan., 2017) Contact: Solar Reserve, (310) 315-2200, www.solarreserve.com
More Low-Carbon Energy News SolarReserve, Solar, CSP Solar,
In October 2016, NV Energy said it worked with a broad coalition of customers and participants in the rate case to lower annual electricity rates for residential and small general service customers by approximately $2.92 million annually, or a total of $8.77 million over the three-year period. The cost savings would be shared across a broad base of Northern Nevada electric customers.
NV Energy argues that the December order directed the savings to a limited number of customers who install rooftop solar systems and get a retail rate credit from the utility for the excess electricity the systems generate.
(Source: NV Energy, Review Journal, 12 Jan., 2017)
Contact: Nevada PUC, (775) 684-6101, http://puc.nv.gov; NV Energy, www.nvenergy.com
More Low-Carbon Energy News NV Energy, Solar, Rooftop Solar,