(BRK.A), (BRK.B)
A 690-megawatt solar electric farm has received federal approval to be built on federal land near Las Vegas, Nevada.
The Gemini Solar Project, once installed at full capacity, will be the largest solar photovoltaic project in the State of Nevada.
The project site is located approximately 25 miles northeast of the Las Vegas metropolitan area, immediately south of the Moapa River Indian Reservation in an unincorporated area of Clark County, Nevada.
The NV Energy Crystal Substation and an NV Energy high-voltage transmission line are located less than four miles to the west, and will bring enough electricity to Las Vegas to power 400,000 homes.
The solar project is the first to be approved for construction on public land since 2018.
© 2020 David Mazor
Disclosure: David Mazor is a freelance writer focusing on Berkshire Hathaway. The author is long in Berkshire Hathaway, and this article is not a recommendation on whether to buy or sell the stock. The information contained in this article should not be construed as personalized or individualized investment advice. Past performance is no guarantee of future results.