Seems Warren Buffet disagrees: Nevada Power, a utility owned by...

  1. 10,973 Posts.
    lightbulb Created with Sketch. 153
    Seems Warren Buffet disagrees:
    Nevada Power, a utility owned by Warren Buffett’s Berkshire Hathaway, has signed a deal to build more than 1GW of new large-scale solar in the US, with power purchase agreements starting as low as $US21.55/MWh, a record low in the US.
    The stunning low PPA prices locked in for the six new solar farms – more than half of which will be co-located with battery storage, priced in separately – are documented in a state government document published this month.

    Among those projects, the 200MW Dodge Flat Solar Farm, to be paired with a 50MW/200MWh battery system, secured a PPA of $27.51/MWh for 25 years; and the 250MW Copper Mountain Solar farm signed a contract for $21.55 for 25 years.

    https://reneweconomy.com.au/warren-buffett-secures-amazing-low-prices-for-1gw-of-solar-95208/
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.