Boulder City, which sits between Las Vegas and Lake Mead, is looking to capitalize on the latest renewable energy push that Nevada is particularly ripe for.
For example, the U.S. Energy Information Administration says Nevada has the best potential for solar power in the nation.
Boulder City is hoping to contribute to the already burgeoning sustainable energy industry by adding its third renewable energy plant, and it’s trying to make some money while doing it.
To accomplish this, the city is opening up 1,100 acres of land known as Black Hills South for the development of a utility-scale renewable energy facility.
Now, all the city needs is an energy company to lease the land for at least $1,500 per acre to build its sustainable energy plant.
With such a deal, the city expects to make $1.65 million from the lease each year.
While the new plant wouldn’t provide energy to the city, it would be able to supply power to large operations like casinos, manufacturing facilities, and data centers.
According to Mayor Rod Woodbury, the effort comes as part of Boulder City’s goal to make the area the leading renewable energy location in the country.
This new development would be nearly three times the size of the solar development already in Eldorado Valley, dubbed Nevada Solar One, which provides power to more than 14,000 homes every year.
A city spokesperson says that there are no plans yet for the money Boulder City would make from the lease agreement, though one possibility would be to help pay off the city’s debt, which as of June 30, 2018, was at more than $26 million.
Whatever it’s used for, the money understandably seems to be what the city is most after. Eight of the 13 main factors in the proposal evaluation process have to do with the city ensuring payment.
So far, the city has sent their request for proposals to 20 renewable energy companies, including Skylar Resources and Techren Solar which Boulder has worked with before.
Boulder City expects the site would house a photovoltaic, in other words solar, or other low water generation technology development.
Preference will be given to companies that include energy storage as part of their development.
A pre-proposal conference and tour of the site will be held on June 5.