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NV Energy Requests Bids for Addition to Renewable Energy Portfolio

Oct. 29, 2020
Request for proposals seeks solar, geothermal, wind, biomass, and biogas technology projects.

NV Energy recently issued a request for proposals to add new renewable energy projects to its portfolio. This announcement follows the Public Utilities Commission of Nevada's (PUCN) December 2019 approval of 1190 MW of new solar energy and 590 MW of battery storage to be built in Nevada and serving customers by Jan. 1, 2024. Several of the new renewable projects approved by the PUCN in December 2018 — totaling 1001 MW — that will begin serving NV Energy customers at the end of 2021, have broken ground.

The request for proposals seeks solar, geothermal, wind, biomass, and biogas technology projects that are compliant with Nevada's existing renewable portfolio standards. NV Energy will also consider proposals that include energy storage systems integrated with renewable energy resources as well as standalone energy storage systems. Projects will be competitively evaluated on a number of factors, including best value to NV Energy customers and the creation of economic benefits within the state of Nevada.

"We continue our commitment to expand our use of renewable resources while working to reduce energy costs for our customers," said Doug Cannon, NV Energy president and chief executive officer. "We expect these new projects to provide some of the lowest-cost renewable energy available, which will directly benefit our customers."

Bids are due by Jan. 6, 2021, 4 p.m. Projects proposed by successful bidders will require the approval of the PUCN. It is anticipated the projects would be completed and producing energy for customers by Dec. 31, 2025.

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