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Article: NV Energy and American Capital Energy Agree on Power Purchase Agreement for Solar PV from 20-MW DC Array in Southern Nevada.
- Article from:
- Energy Weekly News
- Article date:
- July 3, 2009
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NV Energy, Inc. (NYSE: NVE) and American Capital Energy (ACE) announced that they have entered into a long-term power purchase agreement (PPA) for the sale of energy produced from a 20-megawatt (MW) DC solar photovoltaic (PV) power plant that will be constructed near Searchlight, Nevada, 55 miles south of Las Vegas.
The project, expected to be completed by mid-2010, will be larger than the 14-MW photovoltaic facility completed in 2007 at Nellis Air Force Base. The Nellis plant, toured by President Obama on a recent visit to Las Vegas, is the largest PV facility currently operating in the United States.
"This is another major step in our commitment to ...