Library from Nevada

Judge approves Chapter 11 plan for Tonopah Solar Energy

Judge Karen Owens last week approved a Chapter 11 plan of reorganization by Tonopah Solar Energy, which operated the Crescent Dunes solar plant in Nevada that received $737 million in guaranteed loans from the federal government. ...DOE expected Crescent Dunes to produce up to 482,000 megawatt hours every year, but the plant hasn’t produced that much energy in its lifetime.
18 Dec 2020

Another green subsidy bust: An Obama-era solar failure could cost taxpayers $510 million

The Crescent Dunes failure shows again what happens when government invests in commercial ventures beyond its expertise for political purposes. Scarce resources are misallocated and taxpayers lose. We wish we could say the politicians have learned from failure, but the Biden Administration is coming to town promising much more of the same.
12 Dec 2020

A $1 Billion Solar Plant Was Obsolete Before It Ever Went Online

In 2011 the $1 billion project was to be the biggest solar plant of its kind, and it looked like the future of renewable power. Citigroup Inc. and other financiers invested $140 million with its developer, SolarReserve Inc. Steven Chu, the U.S. Department of Energy secretary at the time, offered the company government loan guarantees, and Harry Reid, then the Senate majority leader and senior senator from Nevada, cleared the way for the company to build on public land. ...SolarReserve may have done its part, but today the company doesn’t rank among the winners. Instead, it’s mired in litigation and accusations of mismanagement at Crescent Dunes, where taxpayers remain on the hook for $737 million in loan guarantees.
31 Jul 2020

DOE touts deal to recoup $200M from failed solar project

"This project has consistently faced technical failures that have proven difficult to overcome," Hynes said, adding that the department's decision was made "after years of exhausting options within our authority to get the project back on track, given the significant taxpayer investment the prior administration committed to this project." DOE is currently owed about $425 million, with the last payment made in July 2013.
31 Jul 2020

A $1 billion solar plant was obsolete before it ever went online

SolarReserve doesn’t rank among the winners. Instead, it’s mired in litigation and accusations of mismanagement at Crescent Dunes, where taxpayers remain on the hook for $737 million in loan guarantees. Late last year, Crescent Dunes lost its only customer, NV Energy Inc., which cited the plant’s lack of reliability. It’s a victim, ironically, of the solar industry’s success over the past decade. 
6 Jan 2020

NV Energy sends termination notice to massive Tonopah solar project, developer accuses Energy Department of taking over

NV Energy notified the plant in June that it was terminating its power contract because it “failed to produce the requisite energy levels required,” the complaint says. NV Energy’s grace period after defaulting on the contract ended Thursday. The lawsuit was filed in court one day earlier. An NV Energy spokesperson, in response to questions on Friday, said that the state’s largest utility was “following the terms and conditions of our contract expressly with this action.”
6 Oct 2019

Large-scale solar, wind and geothermal developers hit project headwinds on public land

“I’d say public land plays a huge role in the furthering of renewable energy,” David Bobzien, who runs Gov. Steve Sisolak’s Office of Energy, said during an interview this week. But siting a project can be costly and challenging in the face of balancing the disturbances of development with public access, wildlife and recreation. The tension can often split allies.
21 Apr 2019

BLM rejects massive wind farm along California-Nevada border

Blm_statement_on_crescent_peak_wind_thumb Federal regulators have knocked the wind out of another renewable energy project planned for the desert west of Searchlight. The Bureau of Land Management has decided to reject a Sweden-based energy company’s application to build more than 200 turbines, each the height of a skyscraper, along a 22-mile stretch of the Nevada-California border.
1 Dec 2018

US BLM: Crescent Peak Wind denial letter

Blm_denial_letter_-_crescent_peak_wind_nov_19_2018_thumb The US Department of the Interior's Bureau of Land Management (BLM) issued this official letter denying Eolus North American's application for a right-of-way to construct and operate a wind energy facility with up to 106 wind turbines spanning approximately 32,000 acres of public lands in southern Nevada. The letter describes in detail the reasons for the denial. The summation of the letter is provided below. The full letter can be downloaded from this page. 
19 Nov 2018

Opposition to wind farm project expressed

As part of its review process to determine whether to approve an application to allow construction of wind turbines on 32,000 acres of public land in Nevada adjacent to the California border just west of Searchlight, the Bureau of Land Management (BLM) conducted a series of scoping meetings to allow public input. At a recent meeting in Las Vegas a half dozen speakers largely expressed support for renewable energy but not on the proposed site.
20 Apr 2018

Latest wind turbine project is a bad idea

Since the project is located on the California border and next to a major transmission line, the power generated there, if ever, is likely to flow into California to slake its legislatively mandated renewable energy portfolio of 50 percent renewables by 2030. All Nevada will get is the bird chopping eyesore.
23 Mar 2018

Columbia to purchase city's cheapest wind energy contract yet

The purchase approval by the council does not guarantee the wind power to Columbia because the Missouri Public Service Commission has not yet approved construction of the main means of transporting the energy, the Grain Belt Express Clean Line. Columbia Water and Light Assistant Director Ryan Williams said the agreement doesn't hinge on the delivery of the power.
6 Jun 2017

http://www.windaction.org/posts?location=Nevada
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