MGM Hotels International will flip on the switch Monday to a 100-megawatt solar array that can energy 13 Strip properties and 36,000 lodge rooms.
The energy-up belief will provide a lengthy rush toward the corporate’s energy sustainability targets.
The Mega Record voltaic Array project used to be developed in partnership with Invenergy — a privately held developer and operator of sustainable energy projects — and structured by a 20-yr energy lift settlement.
In early 2021, Invenergy sold a 75 p.c hobby within the MGM Hotels Mega Record voltaic Array to AEP Renewables, a subsidiary of American Electric Vitality, some of the nation’s greatest electric companies. Invenergy Services, a subsidiary of Invenergy, will provide operations and repairs and steadiness-of-plant services and products below a lengthy-period of time settlement.
The array is the greatest maintained by a resort company and is anticipated to provide 90 p.c of MGM’s sunlight hours energy wants.
“With MGM Hotels’ most indispensable scale and resources, we’re positioned to construct a most indispensable distinction within the wrestle against climate change, and we detect our responsibility to blueprint a extra environmentally sustainable future,” acknowledged Bill Hornbuckle, CEO and president of MGM Hotels. “This day we’re marking a most indispensable step forward in our environmental sustainability initiatives in Las Vegas and our lengthy-period of time imaginative and prescient to present protection to the planet and set a lengthy-lasting, particular affect in our communities worldwide.”
MGM’s Mega Record voltaic Array is found on 640 acres within the barren inform north of Las Vegas. It has 323,000 solar panels and affords the equivalent of energy ragged by 27,000 properties. Among the many resorts that might perchance perchance maintain the serve of the energy grid are Bellagio, Aria, Mandalay Bay, MGM Astronomical and The Mirage.
Loads of dignitaries and MGM executives will relief the originate of the usage of the array.
In attendance would perchance be Gov. Steve Sisolak, Sens. Catherine Cortez Masto and Jacky Rosen, D-Nev., Michael Polsky, founder and CEO of Invenergy, and Greg Corridor, executive vp of AEP Vitality Present.
From MGM would perchance be Jyoti Chopra, chief of us, inclusion and sustainability officer, Rose McKinney James, chair of the MGM board of directors sustainability committee, and Hornbuckle.
Contact Richard N. Velotta at [email protected] or 702-477-3893. Follow @RickVelotta on Twitter.