MGM Resorts Transitions Casinos and Hotels to Solar Power
MGM Resorts International has forged a partnership with Escape Solar LLC to provide its hotels and casinos with solar energy. This collaboration enhances MGM's existing status as the hospitality industry leader in solar energy, as the company already utilises solar power for 90% of its operations.
The newly established 25-year agreement with Escape Solar will further boost MGM's renewable energy initiatives, enabling 11 of its properties to meet 100% of their daytime energy needs. Moreover, the implementation of the Escape Solar + Storage battery system will ensure that MGM can access renewable energy even during the afternoon and early evening hours. The Escape Solar + Storage project, managed by Estuary Power, will be developed in Lincoln County, Nevada, and will feature a 115 MW solar installation paired with an advanced 100 MW/400 MWh battery storage system. This facility is expected to generate enough renewable energy to power approximately 28,000 American homes annually. Operations for Escape Solar+ are anticipated to commence in early 2026.
Bill Hornbuckle, MGM Resorts' president and chief operating officer, praised the agreement as a significant advancement in the company’s environmental objectives, reaffirming its goal to source 100% of electricity in California from renewable sources by 2030. In 2023, MGM has made substantial strides toward its sustainability targets and is on track to achieve a 45% reduction in carbon emissions per square foot by 2025.
13 September 2024, 17:18
Casino and Games
Other news
Brazil sets deadline for unlicensed gambling operators
18 September 2024, 15:49
Fantasy Life made the footballer an ambiguous offer
18 September 2024, 10:43
Flutter Entertainment to Buy Playtech's Snaitech for $2.56 Billion
17 September 2024, 16:48
BetMGM Becomes General Partner of USA TODAY Sports
17 September 2024, 09:01
Three major Las Vegas casinos to be led by one executive
16 September 2024, 16:51
Playtech and Caliente end long dispute over Caliplay money
16 September 2024, 11:09
UK footballers join new anti-gambling campaign
15 September 2024, 15:04
Star Entertainment Group reminded of possible licence revocation
15 September 2024, 11:51
Fox Seeks to Buy FanDuel Stake Below Market Value
14 September 2024, 15:00
Flutter Entertainment buys more than 56% of Brazil's NSX Group
14 September 2024, 10:06
MGM Resorts Transitions Casinos and Hotels to Solar Power
13 September 2024, 17:18
US lawmakers prepare new restrictions for the country's gambling market
13 September 2024, 08:24
Articles
Expert Opinion: Why Betting Can't Survive Without AI Analysis of Sports Data
13 September 2024, 11:00
Finnish Gambling Market Reform: Veikkaus Resurgent vs Kindred's Leadership
10 September 2024, 19:00
Brazil's CPI and the Fight Against Match-Phishing
3 September 2024, 17:59
Why California Tribes Are Revolting Against Card Rooms
30 August 2024, 18:00
US Gambling Industry: Can More Deals Be Made?
28 August 2024, 17:00
Categories