D E Shaw Renewable Investments (DESRI), alongside with Public Service Firm of New Mexico (PNM) and SOLV Energy, just lately celebrated the San Juan 1 challenge’s groundbreaking. The Farmington, New Mexico-based challenge is a 200-MWAC photo voltaic and 400-MWh storage advanced. Native stakeholders, in addition to representatives from the three companies, the US Division of Power attended the ceremony. The Navajo Nation, San Juan County, and the state of New Mexico, had been additionally in attendance.
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San Juan 1’s contribution to New Mexico’s vitality transition and dedication to investing within the 4 Corners area had been recognised throughout the groundbreaking. Moreover, the group’s heritage of vitality manufacturing and powering the Southwest.
San Juan 1 photo voltaic plant operation date
The photo voltaic + storage advanced is deliberate to enter business operation by the top of 2024. SOLV Power is presently constructing the San Juan 1 challenge, which has a 20-year energy buy settlement with PNM.
“We’re happy to have reached this milestone on the San Juan 1 challenge.” Thomas de Swardt, DESRI’s chief business officer mentioned. “Within the face of quite a few headwinds dealing with the business during the last two years, we deeply recognize the arduous work, creativity. Moreover, the persistence of our companions to efficiently convey this challenge into development.”
“The dedication of San Juan Photo voltaic 1 marks one other step ahead in PNM’s clear vitality transformation.” Maureen Gannon of PNM mentioned. “Today is a credit score to New Mexico’s Power Transition Act for selling the location of latest clear vitality sources on this area as we transition out of coal era. Along with offering monetary help to the impacted employees and tribal communities.”
