NV Energy Announces Solar Agreement with Apple, Inc.

NV Energy and Apple announced today they have reached an agreement to build 200 megawatts of additional solar energy in Nevada by early 2019. The projects will support Apple's renewable energy needs for its Reno data center.

In the coming weeks, NV Energy will file an application with the Public Utilities Commission of Nevada (PUCN) to enter into a power purchase agreement (PPA) for the solar power plant.

The project will bring NV Energy's total to more than 529 megawatts of new solar resources in construction in Nevada or under review for approval. This is in addition to the 491 megawatts of universal solar resources in Nevada currently serving NV Energy customers. Apple will also dedicate up to 5 megawatts of power to NV Energy's future subscription solar program for residential and commercial customers.

"We are proud to play a role in helping Apple meet their energy needs with Nevada's abundant solar resource," said Paul Caudill, president and CEO of NV Energy. "In partnership with our customers, we continue to develop a more balanced fuel mix in a way that benefits the local economy by providing hundreds of jobs for Nevadans, particularly those in the International Brotherhood of Electrical Workers local 357 and 396, and advances the state's policy goals."

"Investing in innovative clean energy sources is vital to Apple's commitment to reaching, and maintaining, 100 percent renewable energy across all our operations," said Apple's vice president for environment, policy and social initiatives Lisa Jackson. "Our partnership with NV Energy helps assure our customers their iMessages, FaceTime video chats and Siri inquiries are powered by clean energy, and supports efforts to offer the choice of green energy to Nevada residents and businesses."

Currently, NV Energy customers are served by more than 1,900 megawatts of renewable resources in Nevada, including 19 geothermal energy resources, 13 solar energy facilities, six hydro plants, one large wind farm and a variety of biomass, methane and other renewable energy projects.

NV Energy, Inc., provides a wide range of energy services to 1.3 million customers throughout Nevada and more than 40 million tourists annually. NV Energy is a holding company whose principal subsidiaries, Nevada Power Company and Sierra Pacific Power Company, do business as NV Energy. NV Energy is headquartered in Las Vegas, Nevada. Information about NV Energy is available on the company's website, Twitter, Facebook and YouTube pages, which can be accessed via nvenergy.com.