Dec 20, 2013 - US utility Public Service Company of New Mexico (PNM) has received the green light by New Mexico’s Public Regulation Commission to build three solar parks in 2014 and add wind capacity in 2015, Associated Press (AP) said Wednesday.
PNM, part of energy holding PNM Resources (NYSE:PNM), plans to build the solar plants in Valencia and Sandoval counties. Once completed, they will be able to generate enough power for about 8,960 people, the news agency cited PNM officials as saying. US firm First Solar Inc (NASDAQ:FSLR) will be in charge of the plants' construction at a cost of USD 47 million (EUR 34.5m).
PNM’s renewable energy scheme will increase the monthly bills of its average residential clients by USD 0.84 next year, according to the report.
In 2015 PNM will start supplying power from its 102-MW Red Mesa wind park in New Mexico. Earlier this week, the utility unveiled completion of a 7.5-MW solar plant in Otero County, worth USD 17.5 million.
Veselina Petrova is one of Renewables Now's most experienced green energy writers. For several years she has been keeping track of game-changing events both large and small projects and across the globe.