SDRP > In the News > NV Energy’s 7,000 Acre Solar Farm Purchase

NV Energy’s 7,000 Acre Solar Farm Purchase

Recently, NV energy was the winning bidder for two parcels at a federal auction. The land totaled $81.9 million for 7,226 acres in Nye County. According to the article, the parcels are located within the Amargosa Valley solar energy zone, about 11 miles south of the town of Beatty and next to U.S. Highway 95. Media relations manager for NV energy, Meghin Delaney, states that the land won from the auction will help NV energy meet the state goal of creating 50 percent of its energy from renewable sources by 2030. She explains that it is challenging to find land that is suitable for utility developments. There is a lot of interest in building utility-scale solar projects, as the BLM is considering over 30 proposed developments in Nevada as well as other states. Currently, NV energy is in the process of figuring out a timeline for the construction of solar farms on the new parcels.

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