New Mexico approves DE Shaw’s Carne solar and storage project

Facebook
Twitter
LinkedIn
Reddit
Email
DESRI has four projects in planning or operation in New Mexico. Alta Luna (pictured) is a 25MW asset that went online in 2016. Image: DESRI

The New Mexico Public Regulatory Commission (NMPRC) has approved the offtake contracts for the Carne solar facility, proposed by DE Shaw Renewable Investments (DESRI), a US renewables developer which owns the project.

DESRI plans to bring the project online by mid-2025, and NMPRC approval has helped finalise many of the facility’s more ambitious targets. The project consists of a 130MW solar project, alongside a 65MW battery storage facility.

This article requires Premium SubscriptionBasic (FREE) Subscription

Try Premium for just $1

  • Full premium access for the first month at only $1
  • Converts to an annual rate after 30 days unless cancelled
  • Cancel anytime during the trial period

Premium Benefits

  • Expert industry analysis and interviews
  • Digital access to PV Tech Power journal
  • Exclusive event discounts

Or get the full Premium subscription right away

Or continue reading this article for free

David Hawkins, vice president of system operations and resource strategy at El Paso Electric (EPE), with which the offtake contracts were agreed, hailed the approval of the offtake contracts as a “significant milestone”. EPE has signed a 20-year power purchase agreement with DESRI for the project, but considering that EPE plans to decarbonise its entire 2GW capacity by 2045, other similar deals will likely be required.

“The project allows us to deliver affordable, reliable and sustainable energy to our customers,” said Hawkins. “We are proud to be a part of this collaborative effort with DESRI and look forward to the positive impact it will have on the region we serve.”

However, the project has received some local opposition, with New Mexican newspaper The Deming Headlight reporting that a December 2022 hearing concerning the project’s funding was dominated by “members of the audience opposed to the financing or to the project itself”.

Regardless, the Carne project will go ahead and become DESRI’s fourth facility in New Mexico and second in Luna County, as the state looks to decarbonise its energy mix. According to the US Energy Information Administration, last year the state produced the second-most oil in the US, behind only Texas, and ranked seventh for natural gas production.

Last year New Mexico produced the ninth-most electricity from wind power among the 50 states, and in February this year, the state’s net electricity generation from non-hydroelectric renewables was greater than its net generation from natural gas and coal. With New Mexico making strides towards a more renewables-driven industry, both DESRI and EPE are eager to involve themselves in the transition.

“DESRI is thrilled with the Carne project’s NMPRC approval, along with its continued progress towards construction start and producing power for New Mexicans,” said Hy Martin, chief development officer of DESRI. “We appreciate the ongoing support from the project’s stakeholders, including Luna County and the local community.”

16 June 2026
Napa, USA
PV Tech has been running PV ModuleTech Conferences since 2017. PV ModuleTech USA, on 16-17 June 2026, will be our fifth PV ModulelTech conference dedicated to the U.S. utility scale solar sector. The event will gather the key stakeholders from solar developers, solar asset owners and investors, PV manufacturing, policy-making and and all interested downstream channels and third-party entities. The goal is simple: to map out the PV module supply channels to the U.S. out to 2028 and beyond.
13 October 2026
San Francisco Bay Area, USA
PV Tech has been running an annual PV CellTech Conference since 2016. PV CellTech USA, on 13-14 October 2026 is our fourth PV CellTech conference dedicated to solar manufacturing in the USA. From polysilicon, wafers, ingots, cells and modules, to critical component suppliers including glass and frames, the event connects every stage of the value chain under one roof. PV CellTech USA also brings together investors, innovators, manufacturers and industry stakeholders to collaborate and strengthen domestic solar manufacturing across the United States.

Read Next

June 5, 2026
Tech giant Google and US renewable energy developer Intersect have partnered to develop a new data centre and energy complex in Texas.
June 4, 2026
Levanta and ib vogt have secured finance for projects and ACWA Power has leased 500 hectares for its own project.
June 4, 2026
US-based solar manufacturer Thornova Solar has signed a strategic cooperation agreement with PV solutions provider Nextpower to incorporate steel frames into certain modules.
June 3, 2026
Avangrid has completed construction of its 166MWdc Tower Solar project in Oregon and connected the facility to the regional transmission grid.
June 3, 2026
Damp heat testing of solar PV modules yielded 11% 'red flag' results in RETC's latest PV Module Index Report.
June 3, 2026
Array Technologies has announced an update to its Array OmniTrack trackers, which can now rotate by up to two degrees.

Upcoming Events

Solar Media Events
June 16, 2026
Napa, USA
Media Partners, Solar Media Events
June 30, 2026
Sacramento, California
Media Partners, Solar Media Events
August 25, 2026
São Paulo, Brazil
Media Partners, Solar Media Events
September 1, 2026
Mexico City, Mexico
Media Partners, Solar Media Events
September 9, 2026