Palo Verde is a small unincorporated community in Maricopa County, Arizona, United States. It is located about 40 miles west of Phoenix, and 6 miles southwest of downtown Buckeye. Despite sharing a name, the Palo Verde Nuclear Generating Station is actually located in nearby Wintersburg. Palo Verde exists as a county island within the planning boundary of Buckeye. This precludes any possibility of incorporation for the community, but annexation into Buckeye is a possibility.