Estuary Power Launches 185-MW Solar Park in Nevada

• Estuary Power's Escape solar-plus-storage complex powers Nevada with 185 MW solar and Tesla's 100-MW BESS, energizing major resorts and securing future growth.

Estuary Power has commenced commercial operations at its Escape solar-plus-storage complex in Lincoln County, Nevada. The site features 185 MW of solar capacity and a 100-MW/400-MWh battery energy storage system (BESS) supplied by Tesla. The first phase, a 70 MW solar plant, began supplying electricity to Overton Power District No 5, Caesars Entertainment, and Wynn Las Vegas under long-term power purchase agreements in June. The remaining 115 MW of solar arrays and the BESS will start supplying MGM Resorts International later this year.

Estuary Power, based in Reno, Nevada, has secured additional financing for the project, increasing the long-term construction-to-term facility provided by Denham Capital. A tax equity commitment from Morgan Stanley Renewables Inc has also been completed. The Escape PV park, constructed by Bechtel Infrastructure and Power Corp, utilizes JinkoSolar’s TopCon modules.

How is Estuary Power's Escape solar-plus-storage complex impacting Nevada's energy landscape?

• Increased Renewable Energy Capacity: The Escape solar-plus-storage complex significantly boosts Nevada's renewable energy capacity, contributing to the state's goals for clean energy transition and reducing reliance on fossil fuels.
• Energy Storage Enhancement: The integration of a 100-MW/400-MWh battery energy storage system allows for better management of energy supply and demand, providing stability and reliability to the grid, especially during peak usage times.
• Economic Impact: The project creates jobs and stimulates economic growth in Lincoln County and surrounding areas, both during the construction phase and through ongoing operations and maintenance.
• Corporate Partnerships: By supplying power to major corporations like Caesars Entertainment, Wynn Las Vegas, and MGM Resorts International, the project supports corporate sustainability goals and encourages further investment in renewable energy.
• Technological Advancements: The use of JinkoSolar’s TopCon modules and Tesla's battery technology showcases cutting-edge advancements in solar and storage solutions, positioning Nevada as a leader in renewable energy innovation.
• Grid Resilience: The solar-plus-storage setup enhances grid resilience by providing a reliable backup power source, reducing the risk of outages and improving overall energy security for the region.
• Environmental Benefits: The project contributes to significant reductions in greenhouse gas emissions, supporting Nevada's environmental objectives and improving air quality.
• Financial Backing and Stability: Securing financing from Denham Capital and a tax equity commitment from Morgan Stanley Renewables Inc ensures the project's financial stability and long-term viability, encouraging further investment in similar projects.
• Community Engagement: The project involves local stakeholders and communities, fostering a sense of ownership and support for renewable energy initiatives in the region.