SunEdison to build, run five 10MW solar power plants for Xcel unit in New Mexico
30, 2009 - Tom Cheyney - PV-tech.org
will design and construct five ground-mounted solar photovoltaic power plants
that will generate a total of 50MW (AC) in New Mexico for Southwestern Public
Service, a regional operating company of Xcel Energy. The five 10MW sites will
be located in Lea and Eddy counties in the southeastern part of the state and
will be fully operational by the end of 2011, the companies said.
the installations will generate enough power for more than 10,000 homes in their
first full year of operation, which will go toward Xcel's efforts to comply with
New Mexico's renewable portfolio standard. The RPS requires that regulated electric
utilities meet 15% of their electricity needs by 2015, and 20% by 2020, through
renewable energy sources.
The five installations will be built, financed,
and maintained by SunEdison (a subsidiary of MEMC), under a 20-year solar power
services agreement with Xcel, which will buy the power generated by the plant.
The PV system is expected to produce more than 2 billion kWh of solar energy
over the life of the agreement.
The financial terms of the agreement, start
date and timeline for construction, and information about the solar modules and
balance of systems components to be deployed have not been disclosed.