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Released July 05, 2023 | sugar land
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Researched by Industrial Info Resources (Sugar Land, Texas)--Last week, the U.S. Department of the Interior's Bureau of Land Management (BLM) announced the winners of a federal auction for the right to develop utility-scale solar power on four parcels of land in Nevada, continuing the agency's efforts to increase solar development in the U.S.
According to a press release, the latest auction could support nearly 3 gigawatts (GW) of renewable energy to the electrical grid and was the "highest-yielding onshore renewable energy auction in the agency's history."
"This record-breaking auction for solar energy development is further evidence that the demand for clean energy has never been greater," said Interior Secretary Deb Haaland.
The recent Nevada auction is one of the BLM's recent efforts to meet that demand.
Earlier this month, the BLM announced a proposed update to its renewable-energy regulations, which would reduce the fees for solar and wind projects on public lands by about 80% and streamline the review of applications. According to the June 15 press release, the agency has approved 35 renewable-energy projects since January 2021, including 10 solar projects, none of which were named. The agency added it was processing 74 utility-scale onshore clean-energy projects proposed on public lands in the western United States, which includes solar, wind and geothermal projects, as well as interconnected transmission lines that allow for clean-energy deployment on non-federal land.
In April, the agency announced an auction for 1,064 acres of land in Colorado--which ranks 13th among U.S. states in terms of installed solar capacity, up from 25th in 2022, according to the Solar Energy Industries Association's (SEIA) data as of first-quarter 2023.
Three clean-energy developers won the Nevada auction--a subsidiary of NextEra Energy Incorporated (NYSE:NEE) (Juno Beach, Florida), a subsidiary of Leeward Renewable Energy LLC (Dallas, Texas) and Berkshire Hathaway Incorporated (NYSE:BRK.A) (Omaha, Nebraska) subsidiary NV Energy Incorporated (Las Vegas, Nevada).
For more information on the auction, see Industrial Info's April 20, 2023, article - BLM Announces Nevada Land Auction for Solar Development.
According to Industrial Info's Global Market Intelligence (GMI) Power Project Database, NV Energy, which placed the highest bids on two parcels, is at work on the $300 million Dry Lake solar-plus-storage project in Nevada. The solar plant is expected to provide 150 megawatts (MW) of solar generation, and a 100-MW battery energy storage system (BESS) will accompany the plant. The completion is expected in early 2024. Subscribers to the GMI Database can click here to read a detailed project report.
Meanwhile, NextEra and Leeward Renewable Energy were selected as "provisional preferred applicants" for one parcel each, which means they must submit development-related proposals--after which the BLM will conduct project-specific reviews before approving further project development.
Industrial Info is tracking NextEra's 500-MW, proposed $650 million Esmeralda Solar Plant in Tonopah, Nevada, which is expected to kick off in 2024, with completion a year later. Subscribers can click here to read more information.
In Colorado, NextEra's 250-MW, $425 million Neptune solar farm in Pueblo, is expected to wrap up this summer. The facility also will include a 125-MW BESS using lithium-ion technology. Click here for the report on the solar farm and click here for the report on the BESS unit.
Meanwhile, Leeward Renewable Energy is developing solar projects in other states, such as the Morrow Lake solar-plus-storage project in Texas. The project would provide 200 MW of solar power and feature a 72-MW BESS. Subscribers can read reports on the solar and BESS projects.
Subscribers to the GMI Database can click here for a full list of detailed reports for projects mentioned in this article, and click here for a full list of plant profiles.
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking over 200,000 current and future projects worth $17.8 Trillion (USD).
According to a press release, the latest auction could support nearly 3 gigawatts (GW) of renewable energy to the electrical grid and was the "highest-yielding onshore renewable energy auction in the agency's history."
"This record-breaking auction for solar energy development is further evidence that the demand for clean energy has never been greater," said Interior Secretary Deb Haaland.
The recent Nevada auction is one of the BLM's recent efforts to meet that demand.
Earlier this month, the BLM announced a proposed update to its renewable-energy regulations, which would reduce the fees for solar and wind projects on public lands by about 80% and streamline the review of applications. According to the June 15 press release, the agency has approved 35 renewable-energy projects since January 2021, including 10 solar projects, none of which were named. The agency added it was processing 74 utility-scale onshore clean-energy projects proposed on public lands in the western United States, which includes solar, wind and geothermal projects, as well as interconnected transmission lines that allow for clean-energy deployment on non-federal land.
In April, the agency announced an auction for 1,064 acres of land in Colorado--which ranks 13th among U.S. states in terms of installed solar capacity, up from 25th in 2022, according to the Solar Energy Industries Association's (SEIA) data as of first-quarter 2023.
Three clean-energy developers won the Nevada auction--a subsidiary of NextEra Energy Incorporated (NYSE:NEE) (Juno Beach, Florida), a subsidiary of Leeward Renewable Energy LLC (Dallas, Texas) and Berkshire Hathaway Incorporated (NYSE:BRK.A) (Omaha, Nebraska) subsidiary NV Energy Incorporated (Las Vegas, Nevada).
For more information on the auction, see Industrial Info's April 20, 2023, article - BLM Announces Nevada Land Auction for Solar Development.
According to Industrial Info's Global Market Intelligence (GMI) Power Project Database, NV Energy, which placed the highest bids on two parcels, is at work on the $300 million Dry Lake solar-plus-storage project in Nevada. The solar plant is expected to provide 150 megawatts (MW) of solar generation, and a 100-MW battery energy storage system (BESS) will accompany the plant. The completion is expected in early 2024. Subscribers to the GMI Database can click here to read a detailed project report.
Meanwhile, NextEra and Leeward Renewable Energy were selected as "provisional preferred applicants" for one parcel each, which means they must submit development-related proposals--after which the BLM will conduct project-specific reviews before approving further project development.
Industrial Info is tracking NextEra's 500-MW, proposed $650 million Esmeralda Solar Plant in Tonopah, Nevada, which is expected to kick off in 2024, with completion a year later. Subscribers can click here to read more information.
In Colorado, NextEra's 250-MW, $425 million Neptune solar farm in Pueblo, is expected to wrap up this summer. The facility also will include a 125-MW BESS using lithium-ion technology. Click here for the report on the solar farm and click here for the report on the BESS unit.
Meanwhile, Leeward Renewable Energy is developing solar projects in other states, such as the Morrow Lake solar-plus-storage project in Texas. The project would provide 200 MW of solar power and feature a 72-MW BESS. Subscribers can read reports on the solar and BESS projects.
Subscribers to the GMI Database can click here for a full list of detailed reports for projects mentioned in this article, and click here for a full list of plant profiles.
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking over 200,000 current and future projects worth $17.8 Trillion (USD).
