Switch and Capital Dynamics have plans to construct a solar farm in Northern and Southern Nevada.
The project will produce among the lowest priced solar power in the world and generate enough clean energy to power nearly one million homes. The Gigawatt 1 concept comes from an initiative called Gigawatt Nevada, first proposed by Rob Roy three years ago.
“The foundation of Gigawatt Nevada is that Nevada should harness the sun the same way Alaska harnesses its oil to significantly benefit all Nevadans,” said Rob Roy, Switch CEO and Founder. “Nevada enjoys the best solar window in the nation and so we Nevadans should not only be using solar for ourselves, but exporting it throughout the Western U.S. to create new jobs, tax revenue, economic diversification, and raise energy independence.”
The assets will be owned and developed by Capital Dynamics, the second largest owner of solar projects in the country. Gigawatt 1 anchor tenants will include Switch, and several of the Switch CORE® clients that currently partner with Switch for data center and telecommunication services. In addition, multiple private and public sector access customers within Nevada and outside the state are already in negotiations to join the project. Customers who will receive renewable energy from Gigawatt 1 for substantially less than the cost of receiving renewable energy from NV Energy (Nevada Power) under its green offering called the Green Rider Tariff.
