Panoche Valley Solar Farm is a proposed 399 megawatt (MW), utility-scale solar photovoltaic power station originally proposed by Solargen Energy in the Panoche Valley of Central California's San Benito County. Panoche Valley is crossed by a 230-kilovolt (kV) power line from the Moss Landing Power Plant. In April, 2011, PV2 Energy purchased the project, with Nevo Energy retaining a small equity interest, but no voting, governance or management input. In April 2012 PV2 Energy entered into a joint venture with Duke Energy, the largest utility in the U.S. with a $100 billion balance sheet. The cost is estimated at approximately $1 billion. Solargen Energy changed its name to Nevo Energy, Inc., on May 12, 2011.