US Cancels Major Solar Project in Nevada Biden Had Supported [View all]
Source: msn/Bloomberg
12h
(Bloomberg) -- The US is canceling a huge solar project in Nevada, the latest effort by President Donald Trump to limit renewable energy development. The Esmeralda Seven solar farm is now listed as “canceled,” according to the Bureau of Land Management’s website, which was last updated Thursday.
The project, as proposed by developers including NextEra Energy Inc. and Invenergy, comprised seven solar farms spanning 118,000 acres of federal land northwest of Las Vegas. It would have been one of the world’s largest photovoltaic power plants.
The Interior Department said in a statement that developers now have the option to “submit individual project proposals to the BLM to more effectively analyze potential impacts.” The decision comes as the department institutes permitting reviews and other requirements for wind and solar farms on public lands that critics say effectively prevents development of clean-energy projects on federal property.
Among them is a directive the requires Interior Secretary Doug Burgum to personally sign off on 69 separate approvals for wind and solar proposals, and an energy-capacity density standard that may be difficult for solar projects to meet.
Read more: https://www.msn.com/en-us/money/markets/us-cancels-major-solar-project-in-nevada-biden-had-championed/ar-AA1OdR1D
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