NV Energy filed its 2017 Renewable Portfolio Standard Annual Report with the Public Utilities Commission of Nevada, showing that the company achieved a 25.5 percent renewable energy and related credits level in northern Nevada and 23.1 percent in southern Nevada, for a combined weighted average of 23.8 percent. This is the eighth year in a row that NV Energy has exceeded the state’s renewable energy requirement, which currently sits at 20 percent. Separate from this legislated mandate, NV Energy has set a goal to double its renewable energy portfolio by 2023.
The most recent additions to NV Energy’s renewable energy portfolio included the 50-megawatt Boulder Solar 2 project in Eldorado Valley southeast of Las Vegas and the 179-megawatt Switch Station 1 and 2 project located in the Dry Lake Solar Energy Zone north of Las Vegas. The most recent renewable energy rankings by the U.S. Energy Information Administration puts Nevada second in the nation for geothermal resources and fourth for solar energy.