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DECD0000116

Cooperative Agreement

Overview

Grant Description
Nevada Gold Mines, LLC (NGM) seeks to construct a behind-the-meter solar PV facility supported by battery energy storage systems (BESS) at four construction sites across three active mine sites in northern Nevada.

The project, which is designed to be scalable, will decarbonize NGM’s mining operations and enhance electricity self-sufficiency and certainty of supply in remote areas of Nevada.
Funding Goals
DEMONSTRATE THE TECHNICAL FEASIBILITY OF DEPLOYING SOLAR PHOTOVOLTAIC (PV) AND BATTERY ENERGY STORAGE SYSTEM (BESS) ON ACTIVE MINE LAND SITES TO POWER MINING OPERATIONS. DEMONSTRATE THE ABILITY TO REDUCE ELECTRICITY COSTS FOR NEVADA GOLD MINES (NGM) WHILE ENHANCING ELECTRICITY RESILIENCY, SELF-SUFFICIENCY, AND CERTAINTY OF SUPPLY AGAINST TIGHTENING ELECTRICITY IMPORT CAPACITY IN NORTHERN NEVADA. PROVIDE LOCAL, HIGH-QUALITY CLEAN ENERGY JOBS AND STRENGTHEN COLLABORATION WITH NEARBY TRIBAL NATIONS AND EDUCATION PARTNERS. DEMONSTRATE COMMITMENT TO ENVIRONMENTALLY SUSTAINABLE MINING OPERATIONS AND PROVIDE A ROADMAP FOR OTHER MINING COMPANIES TO UTILIZE CLEAN ENERGY GENERATION (AND STORAGE) TO DECARBONIZE THEIR MINING OPERATIONS AND REDUCE GHG EMISSIONS BY 2030.
Awarding / Funding Agency
Place of Performance
Elko, Nevada 89801-2800 United States
Geographic Scope
Single Zip Code
Analysis Notes
Amendment Since initial award the total obligations have increased 550% from $14,605,623 to $95,000,000.
Nevada Gold Mines was awarded Scalable Solar PV & BESS Project for Nevada Gold Mines Cooperative Agreement DECD0000116 worth $95,000,000 from the Department of Energy in October 2024 with work to be completed primarily in Elko Nevada United States. The grant has a duration of 6 years 2 months and was awarded through assistance program 81.255 Clean Energy Demonstrations. The Cooperative Agreement was awarded through grant opportunity Bipartisan Infrastructure Law - Clean Energy Demonstration Program on Current and Former Mine Land Funding Opportunity Announcement.

Status
(Ongoing)

Last Modified 12/11/24

Period of Performance
10/1/24
Start Date
12/31/30
End Date
10.0% Complete

Funding Split
$95.0M
Federal Obligation
$0.0
Non-Federal Obligation
$95.0M
Total Obligated
100.0% Federal Funding
0.0% Non-Federal Funding

Activity Timeline

Interactive chart of timeline of amendments to DECD0000116

Transaction History

Modifications to DECD0000116

Additional Detail

Award ID FAIN
DECD0000116
SAI Number
None
Award ID URI
SAI EXEMPT
Awardee Classifications
For-Profit Organization (Other Than Small Business)
Awarding Office
892436 OFFICE OF CLEAN ENERGY DEMONSTRATIONS (OCED)
Funding Office
892410 OFFICE OF CLEAN ENERGY DEMONSTRATION
Awardee UEI
J1YPAE24KTJ1
Awardee CAGE
8P2H0
Performance District
NV-02
Senators
Catherine Cortez Masto
Jacky Rosen
Modified: 12/11/24