NRG Energy (NYSE: NRG) and MGM Resorts International (NYSE: MGM) have completed installation of the world’s largest rooftop solar array on a convention center.
Covering approximately 20 acres atop the Mandalay Bay Resort and Casino, the 6.4-MW dc (5-MW ac) photovoltaic array will produce enough electricity to power the equivalent of approximately 1,000 U.S. homes annually and is the first of its kind on the Las Vegas Strip. MGM Resorts and NRG also announced plans to build an additional 2-MW dc (1.5-MW ac) photovoltaic array atop a future expansion of the Mandalay Bay Convention Center, scheduled to begin construction later this year.
“Today marks a major milestone for MGM Resorts, NRG and the entire Las Vegas community,” said Jim Murren, Chairman and CEO of MGM Resorts International, in an Oct. 23 statement. “The completion of this solar array demonstrates our steadfast commitment to the principles of environmental responsibility, and the announcement of the second array reinforces that we’re always looking to do more.”
“As one of the largest providers of renewable energy solutions in North America, we’re delighted to be the chosen partner of MGM Resorts to take this giant leap forward and join their longstanding legacy in environmental stewardship,” said Tom Doyle, President and CEO of NRG Renew.
“Together, MGM Resorts and NRG are an excellent example of private sector companies working together to develop innovative technologies that protect our planet’s most precious resources,” said Senate Majority Leader Harry Reid, D-Nevada. “I applaud MGM and NRG for leading the way for other businesses to embrace environmental best practices, and demonstrating that it’s good for business.”
NRG financed, constructed, owns and operates the installation for MGM Resorts at Mandalay Bay Resort and Casino. Through a Power Purchase Agreement, Mandalay Bay Resort will purchase all the electricity generated by both solar arrays.
NRG Renew, a subsidiary of NRG Energy, owns or has partial investment in more than 150 renewable energy projects totaling approximately 4,500 gross MW ac of solar and wind capacity in operation throughout North America.