The agreement with Primergy significantly advances a portfolio of projects that Avangrid Renewables initiated in 2017 after identifying an opportunity with the anticipated closure of the 522 MW North Valmy Generating Station. Avangrid Renewables leveraged its experience in renewable project development to create a solar + storage solution which would utilize transmission capacity eventually vacated by the North Valmy facility. Primergy’s development expertise combined with large-scale solar + storage project experience in design, procurement, and construction makes it a strong partner to bring these renewable assets to reality.
“Our vision has always been to develop projects with clean, renewable sources of power to fill the gap left by retiring coal generation,” said Alejandro de Hoz, president and CEO of Avangrid Renewables. “What makes this project unique is its location in northern Nevada where there hasn’t been significant solar development activity. These projects will contribute substantially to transitioning the Silver State to a low-carbon energy future.”
”We applaud Avangrid Renewables for the foresight to site substantial renewable generation in the Valmy area, and their capable and thoughtful work in advancing the projects. We look forward to working with Avangrid Renewables and bringing our substantial expertise across all facets of implementing sophisticated solar plus energy storage projects, which will deliver impactful emissions reductions and jobs for Nevadans,” said Primergy CEO, Ty Daul. “NV Energy will be benefiting from these two incredibly efficient and reliable clean energy projects designed to help them meet Nevada’s net zero carbon goals.”
The portfolio includes Hot Pot Solar, a 350-MWac (455 MWdc) solar array paired with a 280-MW, 4-hour battery storage component, and Iron Point Solar, a 250-MWac (325 MWdc) solar array with a 200-MW, 4-hour battery storage component. Under the agreement, Avangrid Renewables will perform development services for the projects, while Primergy will oversee the projects’ detailed design, procurement, financing, construction and ultimately entering into commercial operation.
Hot Pot Solar and Iron Point Solar were included in the Integrated Resource Plan that NV Energy recently filed with the Nevada Public Utilities Commission. That plan, among other matters, details the role these projects will play in helping to replace the North Valmy Generation Station. The projects will demonstrate the important role that solar + storage can play in replacing thermal power plants with clean, renewable energy generation and are expected to become operational in 2023 and 202
