GHG Emissions, Commercial, Solar  -  September 13, 2024

MGM Resorts Signs Solar PPA

MGM Resorts International signed a power purchase agreement that will more than double its access to clean solar electricity.

The PPA was signed with Escape Solar and will help propel MGM closer to its goal of procuring 100% renewable electricity in North America by 2030. 

MGM Resorts currently uses solar power for 90% of total daytime needs at 11 of its iconic Las Vegas Strip properties. This agreement will amplify the company's renewable energy capabilities and extend production to cover 100% of those properties' total daytime needs. In addition, Escape Solar +'s battery storage will enable the extension of renewable power provided into the late afternoon and early evening hours to include uses such as exterior property lighting.

The Escape Solar + Storage project, which will be operated by Estuary Power, is slated for construction in Lincoln County, Nevada. It will combine a 115-megawatt (MW) solar facility with a state-of-the-art 100-MW/400-MWh battery storage system. Operations are expected to kick off in early 2026. 

"This agreement is the next step toward the achievement of our climate goals.  We have our eyes on meeting our science-based targets and goal of sourcing 100% of our electricity in North America from renewable sources by 2030," said Bill Hornbuckle, CEO and President at MGM Resorts, in a statement. "As we continue the journey toward greater sustainability, we remain dedicated to finding new ways to reduce our carbon footprint, conserve resources and inspire others to join in building a more sustainable world for generations to come."

In 2023, the company achieved two notable goals related to carbon emissions: reduce emissions by square foot by 45% by 2025 and reduce emissions per square foot by 50% by 2030. Since 2016, MGM Resorts has significantly reduced its carbon emissions through renewable energy projects including:

• 323,000-panel Mega Solar Array providing 100 MW to MGM Resorts locations in Las Vegas
• 26,000 solar panels atop the Mandalay Bay Convention Center providing 8.3MW to that property
• 100-kW rooftop solar array to help power T-Mobile Arena
• 3,456 solar panels atop the parking garage at MGM Springfield in Massachusetts

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