Today, MGM Resorts International will flip on the switch to a 100-megawatt solar array that will power several Strip properties and hotel rooms.
Moreover, the power-up plan, will in fact, provide a long stride toward the company’s energy sustainability goals.
Mega Solar Array Project
In fact, developing in partnership with Invenergy is the Mega Solar Array project. Ongoing, Invenergy is a privately-held developer and operator of sustainable energy projects. In fact, it was structuring through a 20-year power purchase agreement.
Therefore, Invenergy sold a 75 percent interest in the MGM Resorts Mega Solar Array to AEP Renewables in early 2021. The company is a subsidiary of American Electric Power. It is one of the nation’s largest electric companies. Invenergy Services will provide operations and maintenance and balance-of-plant services under a long-term agreement. It is a subsidiary of American Electric Power.
MGM Resort Company
Moreover, the array is the biggest maintaining by a resort company. In fact, it is expecting to provide 90 percent of MGM’s daylight power needs.
“We are positioning to make a meaningful difference in the fight against climate change with MGM Resorts’ vast scale and resources. Therefore, we recognize our responsibility to building a more environmentally sustainable future going forward,” said Bill Hornbuckle, CEO, and president of MGM Resorts.
Now, today we’re designating a significant step forward in our environmental sustainability initiatives in Las Vegas. Plus our long-term vision to protect the planet and achieve an enduring, positive impact in our communities worldwide.”
Located on 640 acres in the desert north of Las Vegas is MGM’s Mega Solar Array. This array has 323,000 solar panels. Moreover, it will provide the equivalent of power used by 27,000 homes. Thus, among the resorts that will benefit from the power grid are Bellagio, Aria, Mandalay Bay, MGM Grand and The Mirage.