This project will be the second solar PV agreement that NV Energy has announced in the July 2009, following the agreement with American Capital Energy (ACE) for energy from a 20 MW DC array in Searchlight, Nevada.
“Continuing to add clean energy resources to our portfolio is a core element of our company’s three-part energy supply strategy,” said Michael Yackira, NV Energy president and chief executive officer (CEO). “We are working diligently to keep Nevada at the forefront in use of solar energy by continuing to tap into the abundant resources that our state is blessed with.”
Terms of the PPA should receive approval from the Public Utilities Commission of Nevada.
“Renewable Ventures is delighted to be working on this solar PV project. We are honored to have been selected to work with NV Energy to deliver clean, renewable solar energy to Nevada,” said Matt Cheney, CEO of Renewable Ventures.
The agreement helps NV Energy in meeting Nevada’s portfolio standard, which was recently increased by the state’s legislature. The standard now requires that 25% of energy be generated by renewable resources and energy efficiency and conservation programs by 2025.
The companies said all of the electricity produced by the solar power plant will be used by customers of NV Energy’s southern service territory. The project will create around 200 jobs during construction.
