MGM Resorts International has been recognized for making a significant investment in clean energy. That’s according to the latest Solar Means Business report from the Solar Energy Industries Association. The SEIA annual report tracks both off-site and on-site installations, as well as highlighting the cost-saving benefits of solar energy for American businesses.
“We’re proud to be recognized by the SEIA for our commitment to solar energy,” Henry Shields Executive Director of Analytics for the MGM Resorts Design & Development group said. “Our many solar array projects represent not only the long legacy MGM has for responsible environmentally practices, but also the hope we have for future generations to come.”
The 100-megawatt MGM Solar Array
In 2018, MGM Resorts and Invenergy partnered to develop a 100-megawatt solar array, 25 miles north of Las Vegas within the U.S. Bureau of Land Management’s Dry Lake Solar Energy Zone. The MGM-Invenergy Solar Project array will be comprised of 336,000 panels covering 640 acres.
The array is expected to go into full production by 2021, and will provide up to 90% of the total daytime power for all of MGM Resorts’ 13 Las Vegas Strip properties. The MGM properties on the Strip represent nearly 70 million square feet of indoor and outdoor space. That’s equivalent to enough electricity to power approximately 27,000 homes for a year.
Aside from the electricity used by MGM Resorts’ Las Vegas properties, the project also has other benefits for the state of Nevada. Project construction employs nearly 350 local workers. Once up and running, the project will generate around $20 million of property and sales tax revenues, while also reducing carbon emissions.
Invenergy has partnered with ten corporate clients since 2015, to develop more than 1,100 megawatts of renewable energy. As a full-service, privately held provider of energy solutions, Invenergy can be creative when it comes to tackling energy challenges for its corporate clients.
“Invenergy is a leader when it comes to solving energy challenges for businesses such as MGM. They are backing their commitment to sustainability by empowering their businesses with renewable energy,” Invenergy’s Founder and CEO Michael Polsky said. “Solar energy provides cost-competitive energy with zero carbon emissions. This provides enormous value and long-term reliability for clients seeking to minimize their impact on the environment.”
MGM Invests Heavily on Solar Nationwide
In addition to the 100-megawatt solar array north of Las Vegas, MGM Resorts completed the Mandalay Bay Convention Center rooftop solar array in 2016. The Mandalay Bay solar array has more than 26,000 solar panels and produces 8.3 megawatts of electricity. At peak production, the rooftop array supplies 25% of the power for the entire Mandalay Bay Resort and Casino property. It’s the largest contiguous rooftop solar array in the country. That solar project was completed by NRG Energy, based in Princeton, New Jersey.
Sunny Las Vegas is not the only place where MGM Resorts International has invested in solar. In December 2019, MGM Resorts completed a 1.13-megawatt solar array, comprised of 3,000 panels, atop the MGM parking garage in Springfield, Missouri. It’s anticipated that the Springfield array will generate more than 1,600-megawatt-hours of electricity every year. That’s enough electricity to power around 10% of the 2 million-square-foot hotel, casino, and entertainment complex.
Honored by SEIA
“The world’s most recognized brands, like MGM, are walking the walk when it comes to their commitment to clean energy,” said president and CEO of SEIA, Abigail Ross Hopper. “Businesses are choosing solar because they can significantly reduce their energy costs as well as predictability during these unprecedented times. We anticipate that the corporate sector will make a greater investment in solar as they make and follow through with their commitment to clean energy to address the climate crisis.”
Over the years, MGM Resorts International has completed energy conservation projects that have cumulatively saved 194 M-kWh of electricity as well as 239,000 MMBtu of natural gas. That equals the energy usage of 23,000 U.S. homes.