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The community solar program was intended to broaden the availability of solar power in New Mexico for low-income customers. New Mexico's community solar program has taken effect. Here's what you ...
The previous cap was set at $8 million when the program started in 2020 and raised to $12 million for 2023 and 2024. ... and southwest New Mexico with Bernalillo County having the most total ...
Apr. 25—New Mexico is set to receive $156 million for various solar energy projects, largely intended to help low-income residents, as part of the federal Inflation Reduction Act. The spending ...
For all the installed solar capacity in the New Mexico, the Public Service Company of New Mexico accounts for around 41% of that. Their facilities include fifteen different projects with a total of 107 MW of capacity, which according to the company, provides enough power 140,000 average homes.
As of January 2012, no concentrated solar power (CSP) plants are currently planned for New Mexico since the addition of the first 6 MW in the state in 2011. Though NREL claims the state has the "technical potential" to install 4,860,000 MW of CSP covering 47% of the area of the state, at 2017 prices such a proposal would require a total overnight cost of $18,992,880,000,000 ($18 trillion), [11 ...
Lea County is located in the southeast corner of New Mexico and borders Texas to the south and east. The Permian Basin, 250 mi (400 km) wide and 350 mi (560 km) long, underlies Lea County and adjacent Eddy County, as well as a large portion of West Texas. It produces 500,000 barrels of crude a day, and this number was expected to double in 2019.
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In 2022, New Mexico had a total summer capacity of 10,230 MW through all of its power plants, and a net generation of 40,889 GWh. [2] The electrical energy generation mix in 2023 was 38.7% wind, 35.2% natural gas, 19.1% coal and 6.5% solar PV.
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