Tag : New Mexico

A solar project meant to provide 10% of Gallup’s electricity for the next two decades is falling short of expectations, highlighting just one of the challenges as investor-owned utilities and rural electric cooperatives across New Mexico look to boost their share of renewable energy to meet the state’s escalating benchmarks. Utilities scrambled to meet a statewide requirement in 2020 for having 20% of retail electricity sales come from renewable energy sources. Not all of them met the goal. The state’s largest electric utility — Public Service Co. of New Mexico — missed the mark by a small percentage but expects to come into compliance soon when a new wind farm in Torrance County begins commercial operations.

Have you noticed a trend lately? Distilled, the headlines could read “Spanish firm to acquire PNM,” “French company to build massive solar plants in Four Corners” or even more simply, “Benefits of solar energy flee New Mexico.” European companies are eating our solar lunch and dinner.

A solar project meant to provide 10% of Gallup’s electricity for the next two decades is falling short of expectations, highlighting just one of the challenges as investor-owned utilities and rural electric cooperatives across New Mexico look to boost their share of renewable energy to meet the state’s escalating benchmarks.