Tech start up opportunities with unearthed oil shale in Southwestern Nevada
(Agencia Daily, June 7, 2016) A new company called Solar Energy Corp. has opened a $1.9 million development on the shores of the Shasta River, bringing to market an opportunity with discovered and untapped oil shale in western Nevada that is expected to eventually generate enough power to power approximately 250,000 homes.
Located in the city of Atskogon, at the intersection of the Shasta and Red Creek rivers, the development has been under construction for over a year and is expected to be completed in August 2017, according to company spokesperson, Mark Dube.
“This is a big opportunity for us here because we’re doing something that’s never been done before,” said Dube, who said it will likely cost the company just $200,000 to build and operate the solar arrays. “This is not something you go to the local gas station to buy.”
Solar Energy Corp. announced in May 2016 that it would begin construction on an 11-acre development in Shasta County, Nevada on the shores of the Shasta River with the backing of the Shasta County Board of Supervisors, the Reno Journal Gazette, Reno News