Nevada

Redwood Materials received a $1 billion Series D funding round, building on a $2 billion conditional loan from the Department of Energy.

Fervo Energy employed drilling strategies from the oil and gas industry in a commercial pilot project that demonstrated round-the-clock baseload production of geothermal energy.

EDF Renewables’ solar-plus-storage project has the ability to interconnect with NV Energy’s 350-mile high-voltage direct current (HVDC) transmission line, Greenlink West.

CSI is scouting out a gigafactory location in Arizona, Nevada and Texas, which could bring 300 jobs to the local market.

Also on the rise: Oregon’s largest solar farm at 205 MW comes online. 106 MW regenerative agrivoltaic project at White Oak Pastures in Georgia. And more.

The state of Nevada is home to several of the largest utility-scale solar projects in the U.S., while coal retirements in the region have spurred additional solar-plus-storage developments in the Silver State in recent years.

Also on the rise: Duke Energy to cut jobs following Q4 loss. $2 billion loan for battery material gigafactory. And more.

The new battery materials gigafactory in Nevada will produce materials to support the manufacture of 1 million electric vehicles annually.

The two will set up a mining operation at the largest known lithium source in the United States. The deal marks the largest investment by an automaker in raw materials for batteries.

The Consumer Electronics Show 2023 Las Vegas featured several new battery banks to portably store and deliver solar generation.