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Santa Teresa, NM Real Estate News

By Deb Hurt, ABR, e-Pro,Green, TRC
(Realty Pro Albuquerque)
According to the New Mexico Business Weekly, El Paso Electric has signed an agreement to buy all the electricity from a concentrating solar power plant to be built in southern New Mexico by NRG Energy Inc. The plant, to be built on a 450-acre site in Sunland Park, about 10 miles from El Paso, will produce 92 megawatts of electricity. It will be   the first commercial-scale solar thermal project in New Mexico. It is hoped that the construction of the power plant will be completed by the summer of 2011. Concentrating solar power plants use mirrors to reflect and concentrate sunlight onto receivers that convert it to heat. The heat can then be used to produce steam to drive a turbine and produce electricity. This project will help realize renewable energy potential here. We have an average...
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