Nevada is decreasing compensation slightly under its new net metering policy, with the first 80 MW tranche of the program fully subscribed over the weekend.
The groups have moved to oppose Question 3 after NV Energy announced plans to procure 1 GW of renewable energy.
The Nevada Secretary of State has verified that a Tom Steyer-backed referendum on the nation’s third-most ambitious renewable energy mandate will be up for a vote on November 6.
The two-phase Gemini Solar Project would be larger than any operational single-site solar project in the United States known to pv magazine.
The suggestion of additional investments beyond the $1.6 billion follows reports of battery cell shortages as Tesla’s Model 3 picks up production. It is unknown what impacts this will have on Tesla’s stationary storage business.
A group pushing the measure got more than double the number of signatures needed to bring the renewable energy mandate increase directly to the state’s voters on November 6.
NV Energy has signed a 25-year power contract for 2.376¢/kWh for the output of a 300 MW solar power plant in Nevada. This represents a new record for the lowest public contract price for solar power in the United States.
NV Energy, owned by Warren Buffett’s Berkshire Hathaway, has signed contracts to purchase electricity from six solar projects totaling 1,001 MW-AC along with 100 MW / 400 MWh of energy storage.
The 1.1 megawatt solar rooftop system will power the fulfillment center that houses it.
Invenergy plans to maintain day-to-day management of its renewable energy business, with the Québecois fund manager increasing its economic stake to 52%.
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