Connect with us

Nevada

Pahrump electric co-op set to receive $80.3M for solar project • Nevada Current

Published

on

Pahrump electric co-op set to receive .3M for solar project • Nevada Current


A local power cooperative in Pahrump was awarded an $80.3 million federal loan for a solar project that would produce enough electricity to power 3,500 homes in the Pahrump and the Fish Lake Valley region.

On Thursday, the U.S. Department of Agriculture announced plans to invest $140 million for solar in rural communities in Kentucky and Nevada. Investment funds for the projects were sourced from the Inflation Reduction Act.

The Valley Electric Association, an energy cooperative based in Pahrump, plans to use its $80.3 million investment to install a 37-megawatt solar power generation and storage system that would serve a portion of their 20,100 members in Pahrump and the Fish Lake Valley region. 

Valley Electric Association was selected for the investment after committing to lower electricity rates for their members while lowering greenhouse gas emissions. The project is also expected to strengthen the energy grid and keep critical services powered in the region. 

Advertisement

“We put a lot of effort into rural development with these new Inflation Reduction Act investments in making sure that it is reaching the hardest to reach places and communities that are often underserved,” USDA Deputy Secretary Xochitl Torres Small said.

In Nye County, home to the growing city of Pahrump, up to 40% of the population has three or more socioeconomic risk factors – high poverty rates, age, and low educational attainment, for example – that would make it difficult for them to absorb, endure, and recover from climate disasters, according to the Fifth National Climate Assessment — a congressionally mandated report due roughly every five years

“Rural people deserve continued energy opportunities as demand for clean energy increases,” Torres Small said. “The Biden-Harris Administration is working to make sure efforts to tackle climate change also help grow the local economy.”

The solar project is still in the initial stages of permitting, meaning it may take years for construction to start.

Valley Electric Association is one of approximately 900 member-owned electric cooperatives in the U.S., according to the power company. Valley Electric serves communities participating in the Rural Partners Network (RPN), a USDA-led collaboration between federal, state and local partners to help underserved communities access federal funding.

Advertisement

Both the projects selected in Kentucky and Nevada are part of the USDA’s Powering Affordable Clean Energy (PACE) program, the largest investment in rural electrification since President Franklin Delano Roosevelt signed the Rural Electrification Act into law in 1936, according to the agency.

So far, USDA has announced more than $665 million of investments selected to proceed under the PACE program. The investment for Valley Electric Association marks the first project funded under the program in Nevada. Alaska, Arizona, Colorado, Hawaii, Kentucky, and Nebraska have already received investments.

Last year, the USDA made $1 billion available through PACE to fund new clean energy projects and energy storage in rural America. The program provides low-interest loans with up to 60% loan forgiveness to renewable energy developers, rural electric cooperatives and other rural energy providers for renewable energy storage and projects that use wind, solar, hydropower, geothermal and biomass.

Nye County officials, including in Pahrump, have expressed some reluctance to embrace utility-scale solar projects. 

Pahrump, the county’s most populous town, has been plagued by declining groundwater levels with domestic well failures increasing annually, according to county officials. Nye County officials expressed concern that cumulative solar development in the basin would only worsen the county’s water woes.

Advertisement

However, the county is also the site of some of the largest planned solar projects in the state, including the 2,250 megawatt Chill Sun Solar Project along the U.S.95, and the 700 megawatt Copper Rays Solar Project southwest of Pahrump.



Source link

Continue Reading
Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Nevada

Nevada Organic Phosphate Prospecting Permit On-Track

Published

on

Nevada Organic Phosphate Prospecting Permit On-Track


August 29, 2024 2:11 PM EDT | Source: Nevada Organic Phosphate Inc.

Vancouver, British Columbia–(Newsfile Corp. – August 29, 2024) – Nevada Organic Phosphate Inc. (CSE: NOP) (“NOP” or the “Company), a B.C. based company engaged in the exploration for organic sedimentary raw rock phosphate in Nevada, is pleased to announce that, NOP’s wholly owned subsidiary, Nevagro, has been informed by the Bureau of Land Management (BLM) that the Assistant Secretary for Lands and Minerals for the Department of the Interior is currently reviewing the BLM’s press release for the National Environmental Policy Act (NEPA) decision.

Once the official NEPA decision is received, NOP’s next step will be to submit the habitat reclamation bond to the Bonding Specialist at the BLM Nevada State Office. They will then forward the Prospecting Permit Application to the Deputy State Director (DSD) for Energy and Minerals at the BLM Nevada State Office for signature to issue the Prospecting Permit.

NOP is excited that the Prospecting Permit could be signed by the Deputy State Director (DSD) for Energy and Minerals at the BLM Nevada State Office in the weeks ahead.

Meanwhile, the exploration team is evaluating the lands under the 3 new Applications to Prospect while lining up the necessary drilling and site preparation contractors for the planned drill program.

Advertisement

Nevada Organic Phosphate Inc.

NOP is a junior exploration company with a sedimentary rock phosphate property (the “Murdock Property”) hosting a nearly flat lying sedimentary bed of known phosphate mineralization in NE Nevada.

The increasing interest in organic and sustainable agriculture practices has contributed to the demand for organic fertilizers, including those derived from rock phosphate. Organic rock phosphate is often marketed as a fertilizer that not only provides phosphorus but also contributes to overall soil health.

The Issuer aims to be one of the only certified organic rock phosphate producers with large scale potential in North America. The Murdock Property is situated adjacent to a main highway and the rail head to California.

Neither the Canadian Securities Exchange nor its regulations services providers have reviewed or accept responsibility for the adequacy or accuracy of this release.

Advertisement

This news release may contain forward-looking statements and information (“FLSI”) within the meaning of applicable securities laws. FLSI may include expectations, anticipations, beliefs, opinions, plans, intentions, estimates, forecasts, projections, guidance or other similar statements and information that are not historical facts. All statements which are not historical statements are considered FLSI. Forward-looking statements in this press release include, but are not limited to, statements regarding the anticipated Prospecting Permit and the anticipated timing of its receipt. All FLSI is based on assumptions, which may prove inaccurate, and subject to certain risks and uncertainties, including without limitation those risks and uncertainties identified in the Company’s public securities filings, which may cause actual events or results to differ materially from those indicated or implied in FLSI. Accordingly, readers should not place undue reliance or value on FLSI. Although the Company believes that the expectations reflected in any FLSI in this news release are reasonable at the present time, it can give no assurance that such FLSI will prove to be correct. Any FLSI in this news release is made as of the date hereof and the Company undertakes no obligations to publicly update or revise any FLSI, whether as a result of new information, future events or otherwise, unless required by applicable securities laws. Any FLSI in this news release is expressly qualified in its entirety by this cautionary statement.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/221517

info

SOURCE: Nevada Organic Phosphate Inc.



Source link

Advertisement
Continue Reading

Nevada

Project REACH Senior Expos provide crucial utility bill assistance for Southern Nevada seniors

Published

on

Project REACH Senior Expos provide crucial utility bill assistance for Southern Nevada seniors


LAS VEGAS (KTNV) — As temperatures remain high, many seniors in Southern Nevada are struggling to keep up with their utility bills. But there’s help available today, thanks to Project Reach Senior Expos powered by NV Energy.

Project REACH, an initiative by United Way of Southern Nevada (UWSN), is a program that assists seniors aged 62 and older with their past-due utility bills. These bills can include electricity, gas, water, and sewage.

RELATED STORY | United Way hosting Las Vegas events to help seniors with past-due utility bills

Thursday’s Senior Expo will be held at Aliante Casino from 8 a.m. to noon. Seniors who qualify for assistance are encouraged to attend. All they need to bring is their past-due bill, proof of income, and a Nevada ID to receive help.

Advertisement

“We have a number of non-profit organizations that are specialized to serving the unique needs of senior citizens. We have state assistance programs such as Cox Communications, and healthcare agencies, so we have a whole host available to senior citizens,” said Angel Williams, Director of Community Relations at NV Energy.

Eligibility and Assistance

To qualify for Project REACH assistance, seniors must be:

  • 62 years or older
  • Residents of Southern Nevada
  • Meeting the income eligibility requirements
  • Possessing a past-due utility bill

Qualifying applicants can receive up to $300 in assistance once a year, making a significant difference in their ability to manage utility expenses.

Can’t Attend the Event?

For seniors who are unable to attend today’s expo, there are still options available. Project REACH assistance is offered year-round through UWSN’s nonprofit partner agencies. Those in need can visit uwsn.org/projectreach to find support with the application process.





Source link

Advertisement
Continue Reading

Nevada

Best Bets, Predictions & Odds for the Nevada vs. Troy Game – Saturday, August 31

Published

on

Best Bets, Predictions & Odds for the Nevada vs. Troy Game – Saturday, August 31


Best Bets, Predictions & Odds for the Nevada vs. Troy Game – Saturday, August 31

Published 9:23 pm Wednesday, August 28, 2024

The Troy Trojans (0-0) and Nevada Wolf Pack (0-1) will clash in a matchup at Veterans Memorial Stadium (AL) in Troy, Alabama. For odds and best bets, keep scrolling.

Place your bets on any college football matchup at BetMGM. Sign up today using our link.

Advertisement

When and Where is Troy vs. Nevada

  • Date: Saturday, August 31, 2024
  • Time: 7:00 p.m. ET
  • TV Channel: ESPN+
  • City: Troy, Alabama
  • Venue: Veterans Memorial Stadium (AL)

Troy vs. Nevada Prediction & Moneyline Pick

  • Prediction:
    Troy 41, Nevada 7
  • Troy is -310 on the moneyline, and Nevada is +249.
  • Troy won 81.8% of the games last season when it was the moneyline favorite (9-2).
  • The Trojans won all four games they played as a moneyline favorite with odds of -310 or shorter last year.
  • Nevada was an underdog in nine games last season and won one (11.1%) of those contests.
  • The Wolf Pack had a record of 1-7 when they were set as the underdog by +249 or more by bookmakers last season.
  • Based on this matchup’s moneyline, the Trojans’ implied win probability is 75.6%.

Make your moneyline wager right now at BetMGM.

Against the Spread Pick

  • Pick ATS:

    Troy (-8.5)

  • Troy had eight wins in 13 games against the spread last year.
  • The Trojans’ ATS record as 8.5-point favorites or greater was 3-1 last year.
  • Nevada’s record against the spread last year was 6-5-0.
  • Against the spread, as underdogs of 8.5 points or greater, the Wolf Pack went 5-3 last year.

You can place your bet against the spread at BetMGM.

Best Over/Under Pick

  • Pick OU: Over (45)
  • Troy played six games with more than 45 total points, its current matchup’s total, last year.
  • Nevada played in eight games last season where they combined with their opponent to score more than 45 points.
  • These two teams averaged a combined 46.9 points per game a season ago, 1.9 more points than the over/under of 45 set for this game.

Like that over/under recommendation? Take advantage now at BetMGM.

Key Stats Splits

Troy

Overall Home Away
Point Total AVG 48.8 50.3 47.5
Implied Total AVG 29.2 29.5 29.0
ATS Record 8-5-0 3-3-0 5-2-0
Over/Under Record 5-8-0 2-4-0 3-4-0
Moneyline Favorite Record 9-2 5-1 4-1
Moneyline Underdog Record 1-1 0-0 1-1

Nevada

Overall Home Away
Point Total AVG 52.1 50.4 53.5
Implied Total AVG 33.7 30.0 36.8
ATS Record 6-5-0 2-3-0 4-2-0
Over/Under Record 6-4-1 3-2-0 3-2-1
Moneyline Favorite Record 0-1 0-1 0-0
Moneyline Underdog Record 1-8 0-3 1-5

Not all offers available in all states, please visit BetMGM for the latest promotions for your area. Must be 21+ to gamble, please wager responsibly. If you or someone you know has a gambling problem, contact 1-800-GAMBLER.



Source link

Advertisement
Continue Reading

Trending