Nevada Solar Energy Projects Bring Revenue

While companies are taking advantage of Federal incentives, Nevada solar energy projects are bringing revenues to local state and county governments via fees and taxes.  The stimulus package that has received heat from naysayers, is now providing the power that will heat many homes of Nevadans for years to come.

“One more giant solar project on Federal land has made it in time for funding under ARRA!” says Susan Kraemer with Cleantechnica.com

Solar Millenium’s Amargosa Farm Road Solar Project (PDF) is a 500 megawatt project on BLM land, 80 miles from Las Vegas. It is a concentrated solar project comprising two 250 MW parabolic trough dry-cooled power plants.

But Brett Prior of Green Tech Solar says “Two significant hurdles remain before this project can move forward.”

1) They need to sign a PPA with NV Energy (currently they only have an MOU)

2) They need financing

In order to secure equity financing, they will likely need a loan guarantee from the federal government.

The good news is that the project will supply lots of power and even some jobs if successfully completed.

When complete, the Amargosa Farm Road Solar Project should create about 200 permanent operations and maintenance jobs, and supply enough electricity to power 150,000 U.S. homes annually, according to the Department of the Interior (DOI).

The question then is why would the project not be completed?  They will probably need that loan guarantee from the Federal Government.  That is contingent on the commitment of Congress to helping push these projects forward.  That commitment may not be as strong when dealing with a more conservative House of Representatives.

Justin McAffee is the publisher of the Nevada Ledger. Justin and his wife Aimee own a digital media consulting firm, Most Digital, in Las Vegas, Nevada. They specialize in website design and SEO, graphic design, content creation and photography.

You may also like

1 Comment

  1. Actually, there are several more hurdles to cross.

    1. As of last week, Solar Millennium (SM) still didn’t have have a permit from the state engineer.
    2. Even though SM modified the original plan of installing water-cooled towers to one that uses a dry cooling system instead, the project still requires water, which is not in tremendous supply. The plan calls for local farmers to let their fields go fallow and sell SM their water rights.
    3. SM will still need 236 acre feet of additional water and SM’s Final Environmental Impact Statement states they don’t yet know where that water will come from.

    Before someone goes off half-cocked and calls this some hair-brained liberal idea, consider that the project has been championed by one of the most conservative of Nevada Republicans – Ed Goedhart of Assembly District 36. Sources in that camp say the project is being paid for entirely with private funding – and no federal money is being used.

    I support green energy and the development of sustainable, marketable product lines. This could have been one of them. It is then the height of irony that a green energy project should require the use of limited, natural resources and be given the green light (pun intended) without knowing where those resources will come from.

Leave a Reply