Xcel Energy starts building 522-MW wind project in New Mexico
Wind turbines in Texas. Photo by: Xcel Energy (www.xcelenergy.com).
US utility Xcel Energy Inc (NASDAQ:XEL) has turned the first sod on the 522-MW Sagamore wind project in Roosevelt County, the US state of New Mexico.
The cost of building the wind farm will reach USD 900 million (EUR 806m), Xcel Energy said Monday, adding that it will put up 240 turbines supplied by Denmark’s Vestas Wind Systems A/S (CPH:VWS).
Once the project is finalised, expectedly in late 2020, the Sagamore wind farm will be capable of producing enough electricity to power up 194,000 typical households annually. It will also be the single largest wind farm in New Mexico, according to Xcel Energy.
The Sagamore project was developed by Chicago-based Invenergy LLC. Xcel Energy became its owner in 2017 as part of a plan to expand its wind portfolio within its New Mexico-Texas system by 1,230 MW. This June, the utility put into service its 478-MW Hale wind farm near Plainview, Texas.
The company has pledged to cut carbon emissions by 80% by 2030 and will pursue the target of supplying 100% carbon-free power by 2050.
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