January 22 (Renewables Now) - Nevada utility NV Energy has launched a request for proposals (RfP) seeking to expand its renewables portfolio with new capacities going online before end-2025.
The company will accept bids from solar photovoltaic (PV), wind, geothermal, biomass and biogas projects. NV Energy said on Wednesday it is considering allowing energy storage proposals, either as part of a project or as a standalone option, in the competition.
The deadline for submitting bids is March 9, 2020. The selected projects will go to the Public Utilities Commission of Nevada (PUCN) for approval. They should become operational by December 31, 2025.
"We expect these new projects to provide some of the lowest-cost renewable energy available [..]," said Doug Cannon, NV Energy’s president and CEO.
The solicitation is in line with a state requirement for energy suppliers in Nevada to comply with a 50% renewable energy portfolio standard by 2030. To reach that goal, NV Energy plans to add to its portfolio 1.19 GW of new solar power projects and 590 MW of energy storage capacity under a plan that was cleared by the local regulators in December 2019. The solar and storage capacity needs to be brought online before January 1, 2024.