EDF Power Solutions Inks $1B+ Solar+Storage Deal with NV Energy — EDF Power Solutions North America

Event summary

EDF Power Solutions North America signed two 25-year PPAs with NV Energy for the 400 MWac Winston Energy Project, combining solar and 400 MW/1,600 MWh storage.
Project expected to deliver electricity by October 2029, with peak construction employing 400 workers and generating $100M in local tax revenue.
Project will produce 1.11M MWh annually, enough to power 100,000 Nevada homes and avoid CO₂ emissions equivalent to 187,000 passenger vehicles per year.

The big picture

This deal represents one of the largest solar+storage PPAs in Nevada, reflecting utilities' growing reliance on firm renewable energy solutions. EDF's ability to bundle storage with solar at this scale positions it as a key player in the Western U.S. energy transition, where states face increasing renewable portfolio standards. The $100M local tax revenue commitment also highlights how large-scale renewable projects are becoming economic anchors for rural communities.

What we're watching

Construction Timeline: Whether EDF can maintain its October 2029 commercial operation date given the scale of the project.
Regulatory Dynamics: How Nevada's evolving energy policies may impact long-term project economics under the 25-year PPA.
Market Expansion: The pace at which EDF can replicate this solar+storage model with other Western U.S. utilities.