NV Energy Invites Bids for Major Addition to Renewable Energy Portfolio

NV Energy has issued an RfP to add new renewable energy projects to its portfolio, following up PUCN’s approval of new solar and storage addition in Nevada

NV Energy has issued a request for proposals (RfP) to add new renewable energy projects to its portfolio. The announcement comes on the heels of the Public Utilities Commission of Nevada’s (PUCN) December 2019 approval of 1,190 MW of new solar energy and 590 MW of battery storage to be built in Nevada and serving customers by January 1, 2024.

“We continue our commitment to our customers 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.”

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 adding supplemental energy storage systems that are integrated with the proposed renewable energy resource and stand-alone energy storage systems. Projects will be competitively evaluated on a number of factors, including the best value to customers of NV Energy and the creation of economic benefits to the State of Nevada.

All parties that are interested in becoming a bidder for this opportunity need to register on the company’s website here and follow each of the directives under the “Steps to Complete” section of the website.

Last date for submission of valid proposals is March 9, 2020. The project 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 December 31, 2025.

It was in June 2019 that the firm had announced the addition of nearly 1,200 MW of new solar PV generation to be built in the state, along with 590 MW of battery storage to aid in the company’s plan to provide its consumers with 100 percent renewable energy.