NRG Solar is set to expand its power generation portfolio by opening a 20MW plant in Santa Teresa, New Mexico. The company plans to invest US$21 million over the next three years in the Roadrunner Solar Electric Facility, which will be constructed by First Solar and sold to El Paso Electric under a 20-year power purchase agreement.
“I am pleased that NRG has chosen to expand its solar generation operations to New Mexico,” Governor Bill Richardson said. “My administration has worked closely with NRG, El Paso Electric and local governments to jumpstart this project which will not only create jobs and help us meet our clean energy goals, but furthers our efforts to become the Solar Valley of North America.”
“The merits of solar power – zero emission, sustainable, coincident with peak demand, compliant with state renewable portfolio standards – are clear,” said David Crane, president and CEO of NRG Energy. “New Mexico's motto, Crescit Eundo, or 'Grows As It Goes,' sums up how we hope to further our partnership with the state to bring more of solar power's many benefits to its residents.”
Upon its completion next year, the Roadrunner project will become New Mexico's second-largest PV plant – behind First Solar's 30MW facility – and create as many as 240 construction jobs.
“The agreement with NRG demonstrates our desire to add clean, carbon-free energy to our generation portfolio at a reasonable cost for the benefit of our customers, the environment and the communities we serve,” said David Stevens, El Paso Electric CEO.