A solar-plus-storage project valued at more than $2.33 billion is preparing for construction after receiving a Record of Decision (ROD) from the U.S. Dept. of the Interior.

Arevia Power on September 10 announced the Libra Solar Project, featuring 700 MW of solar power generation capacity paired with 700 MW of battery energy storage, will move forward on nearly 5,800 acres. The installation is sited about 20 miles south of the Fort Churchill substation in Yerington, Nevada, on public lands managed by the Bureau of Land Management (BLM). Yerington is about 70 miles south of Reno.

The BLM recently said it was looking at 31 million acres of public lands in the western U.S. for potential development of solar power projects.

Arevia on Tuesday said the project should produce 1,948,000 MWh annually. The ROD authorizes the right-of-way grant for the project, including the construction and operation of the solar photovoltaic facility and associated infrastructure. The project’s innovative design ensures reliable power supply year-round, particularly benefiting rural Nevada, according to the developers.

Arevia intends to sell power from the Libra project to Nevada utility NV Energy under a 25-year contract.