Specialist investment manager for renewable energy infrastructure investment and operational asset management, Quinbrook Infrastructure Partners announces that the Bureau of Land Management and the U.S. Department of the Interior have issued the final Record of Decision, signed by Interior Secretary David L. Bernhardt, for the $1.1 billion, 690 MW AC Gemini Solar + Battery Storage located in Clark County, Nevada.
This Record of Decision formally concludes the federal authorization and environmental review process for Gemini and is based on the Final Environmental Impact Statement (EIS) issued in December 2019 under the National Environmental Policy Act.
Gemini is believed to be one of the largest projects of its kind globally, with plans to host 690MW of solar PV arrays located on up to 7,100 acres, coupled with the latest in battery storage infrastructure as well as an expected capital expenditure of more than one billion USD. Gemini is expected to help reduce carbon emissions by 1.5 million tons per year. In June of 2019, Gemini signed a 25-year Power Purchase Agreement (PPA) with NV Energy.
David Scaysbrook, Co-Founder and Managing Partner of Quinbrook said: “This final decision officially clears the pathway for Quinbrook, and our development partners at Arevia, to accelerate completion of detailed project designs and procurement plans for one of the world’s largest renewables projects ever undertaken. Gemini offers the opportunity to showcase, at an unprecedented scale, what we believe to be one of the most promising technological advances in coupling battery storage to utility scale solar power to produce low cost renewable energy over the long term. Gemini will benefit all Nevadans by supporting jobs, stimulating the local economy and capturing the state’s abundant solar resources to deliver low-cost, renewable power to NV Energy customers.”
Source & Image: Quinbrook Infrastructure Partners | www.quinbrook.com
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