星期四, 6 3 月, 2025
Home PV News Buffett-Backed Solar Project Near Vegas Wins Trump Blessing

Buffett-Backed Solar Project Near Vegas Wins Trump Blessing

Source:Bloomberg

The Trump administration on Monday approved the largest solar installation in U.S. history, giving its blessing to a Berkshire Hathaway Inc. subsidiary’s 690-megawatt project just north of Las Vegas.

When finished, NV Energy’s estimated $1 billion Gemini Solar Project is set to become the eighth-largest solar power facility in the world, spanning some 7,100 acres (2873 hectares) of federal land and generating enough electricity to power 260,000 homes in the region. The current record for a solar plant is 579 megawatts.

Interior Secretary David Bernhardt called approval of the project “one more step forward as the president is moving forward and transitioning” to reopen the economy. “It has a significant potential for construction jobs” during a real “tough time for folks,” Bernhardt said in an interview Monday.

The Interior Department has estimated as many as 900 workers could be involved at any given time during construction. Developers aim to build the project in two phases over roughly 28 months, with the first portion coming online in early 2021 and final facility completion as early as 2022.

In addition to generating electricity from photovoltaic solar panels, the project, about 30 miles northeast of Las Vegas, also is slated to include a large, 380 megawatt battery storage system capable of holding solar power generated during the day for deployment in early evenings, when demand peaks.

Although it will generate electricity for NV Energy companies, Gemini is set to be built by Arevia Power. NV Energy and Quinbrook Infrastructure Partners signed a power purchase agreement approved by Nevada regulators in December.

Warren Buffett is the chairman and CEO of Berkshire Hathaway, the parent company of NV Energy.

The Bureau of Land Management’s approval comes despite President Donald Trump’s criticism of renewable energy, including disparaging solar power as “very, very expensive” last spring. Even so, his administration has moved methodically to advance several solar projects on federal lands, as state clean energy targets propel a new wave of renewable development in the sun-drenched southwest U.S. California has committed to zero-emission electricity by 2045, and Nevada is seeking to generate half of its power from renewable sources by 2030.

The Interior Department said the project is slated to generate more than $3 million in annual revenue for the U.S. Treasury.

But some scientists have warned that disruptions during Gemini’s construction could imperil the Mojave desert tortoise, a reptile that is protected as a “threatened” animal under the Endangered Species Act. Some 200,000 of the tortoises remain in the wild.

Concerns also have been raised about visual impacts to a nearby historic site, including an old railroad camp and trade routes.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisment -

Most Popular

Romania subsidizes municipal authorities with 86% for solar power investments

The Ministry of Energy provided EUR 28.8 million for 105 photovoltaic projects of 23.1 MW in total in almost all counties of Romania. The...

Sungrow supplies inverters, battery system for hybrid solar park in Sweden

One of Sweden’s first hybrid solar parks has been deployed in Halmstad. Sungrow, which provided the inverters and battery system, said it is a...

Pertamina NRE to build solar panel assembly plant in W. Java, to be operable by 2026

Pertamina New and Renewable Energy (Pertamina NRE), a renewable energy subholding of State energy company PT Pertamina, is currently constructing a solar panel assembly...

Vietnam triples its clean energy goals, aims to get 16% of its power from solar

Vietnam is revising its energy plans to focus more on large solar farms and less on reliance on coal and natural gas. The fast-growing...