Register with us today

and in less than 60 seconds continue your access to:Latest news headlinesAnalytical topics and featuresCommodities videos, podcast & blogsSample market prices & dataSpecial reportsSubscriber notes & daily commodity email alerts

Already have an account?

Log in to register

Forgot Password

Please Note: Platts Market Center subscribers can only reset passwords via the Platts Market Center

Enter your Email ID below and we will send you an email with your password.

  • Email Address* Please enter email address.

If you are a premium subscriber, we are unable to send you your password for security reasons. Please contact the Client Services team.

If you are a Platts Market Center subscriber, to reset your password go to the Platts Market Center to reset your password.

In this list
Electric Power

Google, NV Energy propose world's largest corporate solar-plus-storage deal

Agriculture | Biofuels | Energy | Electric Power | Emissions | Renewables | LNG | Natural Gas | Oil | Crude Oil | Refined Products

How will oil be affected by the energy transition?

Electric Power

Platts M2MS-Power

Energy | Electric Power | Electric Power Risk

Nodal Trader Conference, 13th Annual

LNG | Oil | Metals | Shipping

Factbox: Energy prices retreat as coronavirus outbreak accelerates beyond China

Google, NV Energy propose world's largest corporate solar-plus-storage deal


Includes 350 MW of solar and up to 280 MW of storage

NV had 2,190 MW of solar, 690 MW of storage contracts approved in 2019

New York — Affiliates of Google and NV Energy agreed to power a new $600 million data center in Henderson, Nevada, near Las Vegas, through what they say is the world's biggest battery-backed solar deal for a corporate customer. The deal was disclosed in a recent filing with the Public Utilities Commission of Nevada by Nevada Power, a unit of NV Energy, itself a subsidiary of Berkshire Hathaway Energy.

Not registered?

Receive daily email alerts, subscriber notes & personalize your experience.

Register Now

The agreement involves roughly 350 MW of solar photovoltaics, or PV, and between 250 MW and 280 MW of battery storage at one or more hybrid projects, according to the utility's December 19 request for approval of the contract, which includes fixed, undisclosed prices.

The deal is "cost-effective and competitively priced compared to other available options," NV Energy said. Underlying project development agreements remain under negotiation, with solar-plus-storage resources expected to begin operation in the second half of 2023.

For Google, the contract aligns with its search for "24/7 renewable energy" to power its data centers. The Alphabet Inc. subsidiary previously said it has achieved its goal of offsetting its total global power consumption with renewable energy purchases on an annual basis. The battery-backed solar resources, however, will not eliminate Google's reliance on fossil fuels at the site; according to the filing, the contract price also covers NV Energy's cost of transporting natural gas for generating facilities supplying power to Google's data center.

The agreement also enables NV Energy to use solar power not consumed by the data center, for which Google would receive a bill credit. If approved, the utility will use the solar and storage resources for summer peaking capacity.

NV Energy proposes to supply Google with wholesale market energy during an interim period before the battery-backed solar resources come online.


NV Energy said it has received "overwhelming interest" from other potential new commercial customers for renewable energy supported by energy storage. Over the past 12 months, the Nevada PUC has approved NV Energy contracts for 2,190 MW of solar PV and 690 MW of battery storage, representing more than $5 billion in direct investment into Nevada's economy, the utility said in the filing.

That includes the Gemini Solar + Battery Storage Project, a 690 MW solar facility with 380 MW of batteries, projected to cost more than $1 billion. The U.S. Interior Department's Bureau of Land Management recently released a favorable final environmental impact statement for the project, which is located on federal land.

NV Energy also has a contract with 8minute Solar Energy LLC for the output of the Southern Bighorn Solar & Storage Center, a 300-MW solar project with 135 MW of battery storage, at an average price of $35/MWh.

A pre-hearing conference at the Nevada PUC on NV Energy's latest proposed solar-plus-storage contract with Google is set for January 23.