Avangrid Sells 600MW Nevada Solar & Storage Projects To Primergy Solar

Portland-headquartered renewable energy company, Avangrid Renewables LLC has announced that it has sold its 600 MW solar and storage projects portfolio to a California-based solar and battery storage company, Primergy Solar LLC.

Even after selling the portfolio, Avangrid will continue to work on the development of these projects in Nevada. Avangrid Renewables LLC is a unit of a US-based clean energy firm Avangrid Inc, and both are a part of a Spanish utility group Iberdrola SA. According to the sale agreement, Primergy will supervise the projects’ design, procurement, financing, construction, and entering into commercial operation. Avangrid Renewables will continue to perform development services for the projects, said the renewables developer.

The project portfolio comprises two solar projects with co-located battery storage and is meant to replace the capacity of the 522-MW North Valmy coal-fired plant in Nevada, which is set to be retired.

According to Avangrid, these projects were initiated in 2017, after the company saw an opportunity with the anticipated closure of North Valmy.

North Valmy station includes two projects in its Integrated Resource Plan it recently filed with the Nevada Public Utilities Commission. It is also co-owned by NV Energy. NV Energy is a public utility that generates, transmits, and distributes electric services in northern and southern Nevada.

The proposal includes the Hot Pot Solar project with a 350-MW AC (455 MW DC) solar farm coupled with a 280-MW four-hour battery, and Iron Point Solar, a 250-MW AC (325 MW DC) solar farm with a 200-MW four-hour battery component.

Notably, the Iron Point Solar Project is expected to commence service in 2023, while Hot Pot Solar is due to follow in 2024.

Recently in March this year, Avangrid Inc. had announced that the U.S. Bureau of Ocean Energy Management (BOEM) has issued the Final Environmental Impact Statement (FEIS) for Vineyard Wind 1.