BONANZA SOLAR

CAISO-1649BetaActiveSolarBatteryCAISOLBNL + Live

600 MW hybrid in Clark, NV · In queue since April 2019 · Proposed COD September 2028

BA: NEVPISO/RTO: CAISONERC: WECCRC: SPPW

600 MW

Capacity

Components

Solar + Battery

7y 3m

In Queue

IA Executed

IA Phase

Signed Nov 2021

Interconnection

Queue → IA

2y 7m

IA → COD

6y 10m

Total Duration

2y 7m

Study Phase

C12

Construction75%

Queue EntryApr 15, 2019

Interconnection request submitted to ISO/RTO

Cluster Study (Phase I/II)

CAISO uses cluster studies where projects are batched annually and studied together.

Typical: 36–48 months (IR to IA)

Interconnection AgreementNov 22, 2021

Interconnection agreement executed — binding commitment to build

Typical: 30–60 days (negotiation)

ConstructionCurrent

Project under construction

Typical: 18–30 months

Commercial Operation

Proposed COD: 2028-09-30

Cross-source intelligence

Beta

High confidence·6 sources·as of 2026-06-01

Expected COD

2028

From queue filing

Developer

EDF Renewables

Filed as Bonanza Solar, LLC

Status

Active

Active — BLM permitting completed 2021, IA executed Nov 2021, PPA signed with SCPPA Feb 2024 for 125 MW portion, construction targeting 2028 COD

Financing

In progress

PPA secured with SCPPA for 125 MW portion (Feb 2024), full project financing not publicly announced

Key milestones

Permit approvedAug 2021

BLM FAST-41 permitting process initiated for 300 MW solar + battery storage

source

IA executedNov 22, 2021

Interconnection Agreement executed with CAISO

source

Financing closeFeb 2024

PPA signed with SCPPA for 125 MW portion of project

source

COD target2028Most recent

EDF Renewables targeting 2028 commercial operation for 300 MW solar + 195 MW storage

source

Project lifecycle

as of 2024-09-12

PhaseIA executedTaiyangNews · 2024-09-12

OperationalNoTaiyangNews · 2024-09-12

TechnologyHybrid±TaiyangNews · 2024-09-12

DeveloperArevia PowerTaiyangNews · 2024-09-12

PPA offtakerNV EnergyTaiyangNews · 2024-09-12

Permit decisionGrantedTaiyangNews · 2024-09-12

About

The Bonanza Solar project is a proposed 450 MW hybrid solar and battery energy storage project located in Clark County, Nevada. The project consists of 300 MW of solar generation and 150 MW of battery storage. It is listed in the CAISO interconnection queue as queue ID CAISO-1649, with an initial queue entry date of April 15, 2019, and a proposed commercial operation date of September 30, 2028.

The project's interconnection agreement (IA) has been executed as of November 22, 2021. The point of interconnection is the Innovation Substation at 230 kV. Bonanza Solar has been the subject of recent news coverage, with 15 articles primarily focusing on regulatory matters.

Generated from interconnection queue and public data sources

CAISO Queue

Development Risk

Realization risk from now to commercial operation — financing close, EPC and tax-equity counterparty mix, and COD probability vs the proposed date. The diligence view that determines whether the deal actually closes. Powered by InfraSure's development-stage modeling stack.

Available on the InfraSure platform

See the full development-risk decomposition for this project.

P(COD by stated date)

Financing close probability

EPC + tax-equity counterparty

Project Details

State

County

Clark

Grid Region

CAISO (California)

Market

ISO/RTO Member

Developer

—

Utility

GLW

Entity

CAISO

Service Type

NRIS

Point of Interconnection

Innovation Substation 230 kV

Data Source

LBNL + Live

ApplicantArevia Power±TaiyangNews · 2024-09-12

AgencyBureau of Land Management±TaiyangNews · 2024-09-12

RulingNotice±U.S. Department of the Interior (.gov) · 2024-09-09

Risk Analytics

Composite operating-phase risk view — what this asset's risk profile will look like once it commissions. Climate hazards across its operating life, expected generation variability, and offtake counterparty exposure, decomposed into a single decision-grade score. Powered by InfraRisk.

Available on the InfraSure platform

See the full risk decomposition + scenarios for this project.

Climate hazards (8+)

Generation variability (P10/P50/P90)

Offtake + transmission counterparty

Technology

Solar300 MW · 50%

Battery300 MW · 50%

Generation Forecast

Forward generation outlook — first-year production estimate and 10-year P50 trajectory, with probabilistic ranges (P10/P50/P90) across weather, demand, and policy scenarios. Powered by InfraSure's generation modeling stack.

Available on the InfraSure platform

See the full forecast + scenario decomposition for this project.

10-year P50 forecast

First-year output estimate

Weather + policy scenarios

Financial Forecast

Forward revenue, DSCR projection, and financing-close risk — conditioned on commercial operation. First-year DSCR, 10-year cashflow, and counterparty exposure across price and policy scenarios. Powered by InfraSure's asset cashflow stack.

Available on the InfraSure platform

See the full revenue + DSCR projection for this project.

10-year revenue projection

First-year DSCR

Financing close risk

Market Context

Approximate

ISO / RTO: CAISO
Trading Hub: TH_ZP26_GEN-APND
Hub Confidence: MEDIUM
POI Substation: Innovation Substation

This project's market context is estimated from its Point of Interconnection. Hub and node assignments are approximate and based on geographic inference from the POI substation name.

Insights & Articles (3)Beta