Solar Energy In Las Vegas: Harnessing The Sun For Profit – LAS VEGAS, January 25, 2018 // — Wynn Las Vegas will power its mixed-use development, Paradise Park, with 100 percent renewable Energy sourced from a new 160-acre solar energy facility, making it one of of the most environmentally conscious planned developments in Las Vegas.
In early 2018, Wynn Las Vegas will begin harnessing the power of the sun. The Wynn Solar Facility was introduced, a new 160-acre solar energy project located in Fallon, Nevada adjacent to the existing award-winning Stillwater hybrid facility. Once open, Wynn’s newest development, Paradise Park, will run on 100 percent renewable energy, making it one of the most environmentally conscious planned developments in Las Vegas.
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Under the terms of the agreement with Enel Green Power North America, Inc. (EGPNA), Wynn Las Vegas will begin receiving power in the first half of 2018 that will be used to offset up to seventy-five percent of the resort’s current peak power. needs until Paradise Park opens. This is the largest percentage of renewable energy used by any resort in Las Vegas, and an industry first for a gaming operator in Nevada.
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“The use of renewable energy is a significant part of managing our future energy needs in all Wynn developments,” said Steve Wynn, chairman and CEO of Wynn Resorts. “We welcome every opportunity to protect and improve our environment, save money and serve our guests and employees.”
Owned and operated by EGPNA, the Wynn Solar Facility is an independent solar photovoltaic project located in Fallon, Nevada adjacent to its existing award-winning Stillwater hybrid facility, and will share the plant’s existing connection infrastructure geothermal-solar hybrid. The Wynn Solar Facility will generate up to 27 MWdc of renewable energy, equivalent to 20 MWac, to power the resort. With this renewable energy resource offsetting such a large percentage of Wynn’s peak power needs, the option will far exceed the requirements set forth in the Nevada Renewable Portfolio Standard.
“Nevada is the national leader in geothermal and solar generation per capita and our gaming and tourism industries are second to none,” said Nevada Governor Brian Sandoval. “The partnership between Enel Green Power and Wynn’s Paradise Park is the merger of the Silver State’s growing renewable energy and gaming industry, one of our oldest industries in the state. This is a significant step into the future Nevada energy and I am grateful that these companies have worked together. to use the state’s renewable energy resources for the benefit of Nevada companies and our environment.”
Combined with the recently installed solar panels covering 103,000 square feet of Wynn’s rooftop, enough renewable energy will be generated to power 5,056 homes and eliminate 33,734 metric tons of CO2 emissions from the environment each year.
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Wynn Las Vegas is committed to increasing sustainable design practices, creating and sourcing renewable energy, and LEED Gold Building Certification standards for projects in Las Vegas as well as Wynn Boston Harbor, currently under construction in Everett, Massachusetts. breach.
ABOUT WYNN LAS VEGAS Wynn Resorts (Nasdaq: WYNN) has more Forbes Travel Guide Five Star Awards than any other independent hotel company in the world. Wynn Las Vegas opened on April 28, 2005 and was again named the top resort in Nevada on the 2018 Condé Nast Traveler “Gold List,” a title received for the tenth time. Wynn and Encore Las Vegas feature two luxury hotel towers with a total of 4,750 luxury hotel rooms, suites and villas, approximately 192,000 square feet of casino space, 22 dining experiences featuring signature chefs and 11 bars, two award-winning spas. , approximately 290,000 square feet of meeting and conference space, approximately 103,000 square feet of retail space as well as three nightclubs, a beach club and recreation and leisure facilities. In addition to two luxury retail esplanades, a Strip-front expansion, Wynn Plaza, is currently under construction and is scheduled for completion by the third quarter of 2018. For more information on Wynn and Encore Las Vegas, visit www. wynnpressroom.com , and follow @WynnLasVegas on Twitter, Instagram and Facebook.
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Over the past decade, the climate crisis has forced private industry to consider not only their long-term financial health but the impacts of their carbon footprint. As a result, businesses across the country have increased their commitment to renewable energy and sustainable practices. Earlier this year, more than 300 companies urged the Biden administration to increase our country’s emissions reduction goals, showing us that they are ready to play a bigger role in tackling the climate crisis.
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But certain decisions made by business leaders to include climate change in their business models can more than fulfill their social and moral responsibility towards the future of our planet. Carbon-friendly business models have financial benefits. In 2019, Forbes reported on the transition market, saying “companies could gain $2.1 trillion by adopting low-carbon technology,” and even then, “it’s more expensive for businesses to ignore or choose greener resource options.” to let go.” It is now clear that there is a need to adopt practices and technologies that reduce emissions in order to remain financially competitive in their market – a green light for clean energy businesses.
Renewable energy is the fastest growing energy source in the country and solar is leading the pack. According to the US Energy Information Administration, solar photovoltaic technology is expected to grow faster than other renewable energy technologies between now and 2050. The growing demand for clean energy is prevalent in Nevada, where the industry is also one of the fastest growing in the state, and in 2019, it employed 34,000 Nevadans. By expanding clean energy manufacturing and meeting the demand for clean energy infrastructure, we can create thousands of good-paying jobs that will be critical to rebuilding our communities, especially those that have been hardest hit by this pandemic. worst of them.
Nevada is a promising state for clean energy investments, not only because of our year-round sunshine but because of our legislative progress over the years. In 2019, Governor Sisolak and the Legislature worked to raise our state’s renewable portfolio standard to 50 percent by 2030, meaning that half of our state’s energy would have to be produced from renewable sources such as wind, solar and geothermal. We saw even more progress during the 81st legislative session with the passage of SB448, a major clean energy bill sponsored by clean energy champion and Senator Chris Brooks (D-Las Vegas) that would strengthen our grid reliability, create more electric vehicle charging stations. , and ensure that frontline communities — low-income communities and communities of color — can upgrade their homes to be energy efficient.
Business leaders and elected officials are showing just how profitable clean energy investments are. Congress must recognize this as well.
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While they negotiate a major infrastructure bill that is said to help our states build back better, clean energy investments must
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