Nevada Copper Corp. (TSX:NCU) announced an update on the potential to develop solar energy generation at its 100% owned Pumpkin Hollow Copper Development Property.
Nevada Copper Corp. (TSX:NCU) announced an update on the potential to develop solar energy generation at its 100% owned Pumpkin Hollow Copper Development Property. This new zoning designation includes not only mining, which was previously allowed, but also explicitly allows for solar energy generation and energy storage. For our proposed copper mining operation, a solar development at Pumpkin Hollow provides substantial direct benefits in lowered or shared electrical infrastructure costs.
Nevada Copper Vice President, Environment and External Relations, Tim Dyhr, stated:
The zoning assures that Nevada Copper can move forward with both a mine and solar energy generation and storage development at the Project as soon as funding is available. The Company continues to engage a number of entities, including active discussions with NV Energy, to determine the best path forward for coordinated mine development including solar energy generation, transmission and onsite energy storage.
There are often significant barriers to solar development by land use and environmental constraints here in the western U.S. Pumpkin Hollow has none. To have a site with at least 100 mW of potential and future for 200-250 mW of generation capacity is an exceptional opportunity.