Record-Breaking Auction Held For Utility-Scale Solar Development On Public Lands In Nevada
energy development in Nevada this week, resulting in $105.15 million in high bids. The auction of four parcels across 23,675 acres in the Amargosa Desert could support nearly 3 gigawatts of renewable energy to the electrical grid. This is the highest-yielding onshore renewable energy auction in the agency’s history.
“This auction is an important next step towards responsible renewable energy development in this area of high interest,” said. “We will continue to work closely with our community partners and Tribal governments as we receive proposals for development on the successfully awarded parcels.”to identify areas with high solar potential and low resource conflicts in order to guide responsible solar development, expedite permitting, and provide certainty to developers.
The auction resulted in the identification of provisional winners for leases on two parcels and for preferred applicants on two parcels. NV Energy, Inc. placed the high bids for both leases auctioned in the. Parcel A includes 3,775 acres with a high bid of $35.25 million, and Parcel B includes 3,451 acres with a high bid of $46.6 million.
President Biden’s Investing in America agenda is growing the American economy from the bottom up and middle-out – from rebuilding our nation’s infrastructure, to driving over $470 billion in private sector manufacturing and clean energy investments in the United States, to creating good paying jobs and building a clean energy economy that will combat climate change and make our communities more resilient.
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