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Released October 10, 2024 | SUGAR LAND
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Researched by Industrial Info Resources (Sugar Land, Texas)--Having completed construction on the project, German renewable energy developer Baywa r.e. (Munich) has now handed over a 200-megawatt (MW) solar farm to Nevada Gold Mines (NGM) (Elko, Nevada), a joint venture of Barrick Gold Corporation (NYSE:GOLD) (Toronto, Ontario) (61.5%) and Newmont Corporation (NYSE:NEM) (Denver, Colorado) (38.5%).
Construction on what is now NGM's TS Solar Array kicked off in late 2022, spanning a 1,500-acre site in northern Nevada. Baywa managed deliverables, performed all of the electrical and solar module installation, and conducted quality control tests. The project was built in two phases. The first phase was energized in December 2023, about a year after construction began, and the second phase was energized this past June. The plant uses approximately 650,000 solar panels on a single-axis tracking system. Having put the final touches on the project, Baywa has now handed over the operation to NGM. Subscribers to Industrial Info's Global Market Intelligence (GMI) Power Project Database can learn more by viewing the project report.
According to a press release issued by Baywa r.e., the facility will be able to provide 17% of NGM's required energy and will reduce the company's carbon emissions by 234 kilotons per year. NGM's parent companies Barrick and Newmont both aim to reduce some or all of their emissions by 30% by 2030 and achieve net-zero carbon emissions by 2050.
The TS array is the only U.S. Baywa r.e. project being tracked by Industrial Info at a mine site, but the company has plenty of other projects planned for Nevada. The largest of these is the Titus Canyon solar farm and battery energy storge system (BESS) in Nye County. The solar and BESS components will each have generating capacities of 600 MW. If the project begins construction next year as expected, it would be on track for completion around mid-2027. Subscribers can learn more by viewing the reports on the solar farm and BESS projects.
Baywa also is planning a few standalone BESS facilities in the state, notably the Opal facility in Moapa and the Burro Canyon facility near Las Vegas. Both facilities will have capacities of 200 MW for up to four hours (800 megawatt-hours). Both are expected to go into operation by the end of 2025. Subscribers can learn more by viewing the reports on the Burro Canyon and Opal projects.
NGM's energy requirements could increase as it works way through many projects in its home state. Chief among these is a grassroot gold mine in Eureka County. Construction has just gotten started on the Goldrush underground longhole stoping mine, which is expected to produce 400,000 ounces of gold per year over a 24-year mine life. The oxide and refractory ores will be shipped to an existing mill and roaster. The $1 billion mine is expected to go into service by the end of 2027. Subscribers to Industrial Info's Metals & Minerals Project Database can learn more by viewing the project report.
NGM is planning several projects at its Carlin gold complex, located in north-central Nevada. The Goldstrike mine is part of the complex, and in an attempt to lengthen its operational life, NGM will develop the Ren deposit to maintain the mine's production of 1.6 million ounces per year of gold beyond 2038. The project remains some years away. Currently at the Carlin complex, NGM is at work on upgrading a 10,500-ton-per-day roaster to improve its environmental profile and increase productivity by 20% or more than 700,000 tons per year. The project has been under construction for about a year and a half and should be concluded by the end of 2024. Subscribers can learn more by viewing the reports on the mine and roaster projects.
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).
Construction on what is now NGM's TS Solar Array kicked off in late 2022, spanning a 1,500-acre site in northern Nevada. Baywa managed deliverables, performed all of the electrical and solar module installation, and conducted quality control tests. The project was built in two phases. The first phase was energized in December 2023, about a year after construction began, and the second phase was energized this past June. The plant uses approximately 650,000 solar panels on a single-axis tracking system. Having put the final touches on the project, Baywa has now handed over the operation to NGM. Subscribers to Industrial Info's Global Market Intelligence (GMI) Power Project Database can learn more by viewing the project report.
According to a press release issued by Baywa r.e., the facility will be able to provide 17% of NGM's required energy and will reduce the company's carbon emissions by 234 kilotons per year. NGM's parent companies Barrick and Newmont both aim to reduce some or all of their emissions by 30% by 2030 and achieve net-zero carbon emissions by 2050.
The TS array is the only U.S. Baywa r.e. project being tracked by Industrial Info at a mine site, but the company has plenty of other projects planned for Nevada. The largest of these is the Titus Canyon solar farm and battery energy storge system (BESS) in Nye County. The solar and BESS components will each have generating capacities of 600 MW. If the project begins construction next year as expected, it would be on track for completion around mid-2027. Subscribers can learn more by viewing the reports on the solar farm and BESS projects.
Baywa also is planning a few standalone BESS facilities in the state, notably the Opal facility in Moapa and the Burro Canyon facility near Las Vegas. Both facilities will have capacities of 200 MW for up to four hours (800 megawatt-hours). Both are expected to go into operation by the end of 2025. Subscribers can learn more by viewing the reports on the Burro Canyon and Opal projects.
NGM's energy requirements could increase as it works way through many projects in its home state. Chief among these is a grassroot gold mine in Eureka County. Construction has just gotten started on the Goldrush underground longhole stoping mine, which is expected to produce 400,000 ounces of gold per year over a 24-year mine life. The oxide and refractory ores will be shipped to an existing mill and roaster. The $1 billion mine is expected to go into service by the end of 2027. Subscribers to Industrial Info's Metals & Minerals Project Database can learn more by viewing the project report.
NGM is planning several projects at its Carlin gold complex, located in north-central Nevada. The Goldstrike mine is part of the complex, and in an attempt to lengthen its operational life, NGM will develop the Ren deposit to maintain the mine's production of 1.6 million ounces per year of gold beyond 2038. The project remains some years away. Currently at the Carlin complex, NGM is at work on upgrading a 10,500-ton-per-day roaster to improve its environmental profile and increase productivity by 20% or more than 700,000 tons per year. The project has been under construction for about a year and a half and should be concluded by the end of 2024. Subscribers can learn more by viewing the reports on the mine and roaster projects.
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).
