The initiative is a move to capitalise on Southern Nevada’s abundant sunshine combined with NV Energy’s transmission grid.

 
 
NV Energy Inc. and Solar Millennium, LLC, together with its joint venture partner MAN Ferrostaal Inc., have begun the groundwork for what could be one or more solar power plants in Southern Nevada. A memorandum of understanding has been signed for the same.  

The initial project under consideration is a 250-megawatt (MW) solar trough technology plant at a site located in Nye County. The parties are studying thermal storage technology and are also undertaking transmission and environmental studies, and reviewing financing options. Plans call for the project to be completed in 2013-14, depending on approvals from the Public Utilities Commission of Nevada.

 
Referring to the Economic Stimulus Bill, Christian Beltle, CEO of Solar Millennium AG, said the companies are hopeful of getting permits in order to start construction no later than 2010.

 
NV Energy already has a long-term contract to buy the power generated by Nevada Solar One, located south of Las Vegas near Boulder City.

Press Release:  http://www.businesswire.com/portal/site/google/?ndmViewId=news_view&news...

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