Nevada Utility Warms to Solar Power, Closes Door on Coal

SUGAR LAND, TEXAS--March 19, 2019--Written by John Egan for Industrial Info Resources (Sugar Land, Texas)--Nevada utility regulators in late December green-lighted six solar power projects totaling 1,001 megawatts (MW) and representing more than $2 billion in total investment value (TIV). Electricity from the facilities will be sold to NV Energy Incorporated (Las Vegas, Nevada) under long-term power purchase agreements (PPAs). These projects include a total of 100 MW of battery energy storage. Within this article: Solar power development in Nevada. Other companies featured: Berkshire Hathaway (NYSE:BRK.A), Consolidated Edison Incorporated (NYSE:ED), NextEra Energy Incorporated (NYSE:NEE)