weather icon Partly Cloudy

Federal report provides details on Crescent Dunes solar plant in Nevada

Updated January 3, 2018 - 5:28 pm

Crescent Dunes Solar Energy Plant has generated over $4 million in energy sales, according to the third quarter report – down from $11 million from the same quarter in 2016.

Tonopah Solar Energy, LLC, a subsidiary company of SolarReserve, had $4,404,272 in sales according to the report filed with the Federal Energy Regulatory Commission, the U.S. Department of Energy’s arm that oversees the wholesale of the power and transmission of power plants across the nation.

The average price in megawatts per hour at Crescent Dunes was $136.41 during the third quarter that ran from July through September, the document said.

FERC’s data for the third quarter of 2016 showed that the solar plant had generated $11,437,584.52. The average price in megawatts per hour during that quarter was $135.06.

FERC’s Electric Quarterly Report provides data summarizing the contractual terms and conditions for all of its jurisdictional services. This includes cost-based sales, market-based rate sales and transmission service, as well as transactional information for short and long-term market-based power sales and cost-based power sales.

Mark Severts, communications director for NV Energy, the sole customer of Crescent Dunes, declined to comment on the quarterly earnings report.

“We can’t respond to any questions related to reports or earnings of other companies. It just would not be fair. SolarReserve is the only entity that can respond to whatever report you are referencing,” Severts said in an email.

NV Energy began receiving energy from Crescent Dunes on July 12 for the first time since the facility was shut down for repairs and maintenance in late October 2016.

The Crescent Dunes Solar Energy Project had no energy sales during the first and second quarters of 2017, according to previous federal reports.

The fourth quarter report that will show the plant’s performance from October through December is not yet available.

Mary Grikas, spokeswoman for SolarReserve declined to comment.

“Tonopah Solar Energy is a private company, of which SolarReserve is a minority owner, and we don’t discuss financials publicly,” Grikas said in an email.

Contact reporter Daria Sokolova at dsokolova@pvtimes.com. On Twitter: @dariasokolova77

Don't miss the big stories. Like us on Facebook.
Beatty officials take stance on Greenlink, SUP’s

The Beatty Town Advisory Board took positions on three topics in their May 23 meeting, approving letters stating those positions to be sent to various agencies and officials.

The Source cannabis dispensary aiming for July opening in Pahrump

The Source secured the necessary privilege license from Nye County to allow for the opening of Pahrump’s second pot dispensary and company officials are eagerly anticipating the start of business.

Here’s how you can celebrate Memorial Day in Pahrump

Memorial Day is known as many things in the U.S. and while taking advantage of the three-day weekend and warming weather is a focus for the masses, the true meaning behind the holiday is much more somber.

Tonopah Class of 2022: Grads talk about school in a pandemic and future plans

The Times-Bonanza caught up with some of the graduating seniors from the Tonopah High Class of 2022 to talk about their high school memories, experiences during the pandemic and future plans. Here are excerpts from those interviews.

Balloons are back: Pahrump festival will see a 9th year

The Pahrump Valley Chamber of Commerce’s decision to cancel the 9th Annual Pahrump Balloon Festival earlier this year was a source of much dismay and disappointment for area residents but thanks to the efforts of the Dubin family and Balloons Over Pahrump, the event is now set to make a comeback this fall.

How Pahrump came together to feed veterans at the Rib Extravaganza

Rising to a challenge posed just three days prior to the big event, the Pahrump community came through in a big way for the “Support Our Troops Rib Extravaganza” with combined donations totaling more than $4,000 and hundreds of veterans able to enjoy a hearty lunch at absolutely no cost.