SUNSHINE VALLEY SOLAR 1 (CAISO-993) — Project Summary

Queue ID
CAISO-993
Capacity
90 MW
Technology
Solar+Battery
Status
active
Location
Nye, NV
Region
CAISO
Developer
IA Status
IA Executed

SUNSHINE VALLEY SOLAR 1

CAISO-993BetaActiveSolarBatteryCAISOLBNL + Live

90 MW hybrid in Nye, NV · In queue since April 2013 · Proposed COD December 2026

BA: NEVPISO/RTO: CAISONERC: WECCRC: SPPW

90 MW

Capacity

2

Components

Solar + Battery

13y 3m

In Queue

IA Executed

IA Phase

Signed Aug 2017

Interconnection

Queue → IA

4y 4m

IA → COD

9y 4m

Total Duration

4y 4m

Study Phase

C06

Construction75%
Queue EntryApr 30, 2013

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 AgreementAug 7, 2017

Interconnection agreement executed — binding commitment to build

Typical: 30–60 days (negotiation)

ConstructionCurrent

Project under construction

Typical: 18–30 months

Commercial Operation

Proposed COD: 2026-12-31

About

The SUNSHINE VALLEY SOLAR 1 project is a proposed 90 MW hybrid solar and battery energy storage development in Nye County, Nevada. The project, located within the California Independent System Operator (CAISO) region, consists of a 50 MW solar array and a 40 MW battery energy storage system. The interconnection request, queue ID CAISO-993, was entered into the CAISO queue on April 30, 2013, with a proposed commercial operation date of December 31, 2026. The interconnection agreement (IA) was executed on August 7, 2017.

The project's point of interconnection (POI) is the Valley Substation 138 kV, and the interconnecting utility is Valley Electric Association (VEA). SUNSHINE VALLEY SOLAR 1 has been the subject of recent news coverage, with nine articles appearing in industry, regulatory, and deals publications.

Generated from interconnection queue and public data sources

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.

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See the full development-risk decomposition for this project.

P(COD by stated date)
Financing close probability
EPC + tax-equity counterparty
Project Details

State

NV

County

Nye

Grid Region

CAISO (California)

Market

ISO/RTO Member

Developer

Utility

VEA

Entity

CAISO

Service Type

NRIS

Point of Interconnection

Valley Substation 138 kV

Data Source

LBNL + Live

AgencyBureau of Land ManagementLos Angeles Times · 2020-01-01
RulingApprovalLos Angeles Times · 2020-01-01
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.

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See the full risk decomposition + scenarios for this project.

Climate hazards (8+)
Generation variability (P10/P50/P90)
Offtake + transmission counterparty
Technology
Solar50 MW · 56%
Battery40 MW · 44%
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
Nearest Node (Estimated)
GRNVALY_1_N025
POI Substation
Green Valley 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 (1)Beta

Last updated 2026-03-14

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