Tag: New Mexico

January 18, 2023

A major power transmission project will proceed in New Mexico after a regulatory group approved a public-private partnership for development of a 400-mile high-voltage direct current line. The New Mexico North Path project could move as much as 4 GW […]

July 26, 2021

Governor Michelle Lujan Grisham signed the Energy Transition Act (SB 489) in 2019, which introduced the idea of a community solar program, and also mandated that New Mexico move to 50% renewable energy by 2030. However, New Mexico’s community solar […]

March 14, 2019

New Mexico lawmakers passed Senate Bill 489, requiring the state to get 100% of its energy from carbon-free sources by 2045. Governor Michelle Lujan Grisham praised the landmark legislation and is expected to sign the bill. The state is set […]

October 22, 2018

NM Renewable Development, LLC (NMRD), a joint venture between subsidiaries of utilities PNM Resources and American Electric Power, will build two 50MW solar PV projects in New Mexico to power Facebook facilities. Last week, PNM Resources’ New Mexico utility, PNM, […]

January 15, 2018

ORANGE, Conn.–(BUSINESS WIRE)–Avangrid Renewables, a subsidiary of AVANGRID, Inc. (NYSE:AGR) began commercial operations at three new wind farms in recent weeks. More than 500 megawatts (“MW”) of new wind farms in California, New Mexico, and Colorado, all under long-term energy […]

October 11, 2016

NextEra Energy Resources and Xcel Energy officially celebrated the commissioning of the new Roswell and Chaves County Solar Energy Centers. Together, the centers feature 600,000 solar panels with trackers that follow the sun from east to west to maximize energy […]

August 17, 2016

Solar power disrupts the business of existing utility companies. In exchange for being granted a monopoly to generate and distribute electricity in a given geographic area, utilities are guaranteed a certain rate of return. That gives them an incentive to […]

March 15, 2016

EDF Renewable Energy has sold 50-percent interest in two New Mexico wind projects to a fund managed by BlackRock Infrastructure. The 250-MW Roosevelt Wind Project and the 49.65-MW Milo Wind Project are the fourth and fifth projects the companies have […]