First Solar granted purchase agreement for New Mexico solar plant

06 June 2013 02:34  [Source: ICIS news]

SINGAPORE (ICIS)--US photovoltaic maker First Solar said late on Wednesday it has been granted a power purchase agreement (PPA) from the New Mexico Public Regulatory Commission to start construction on the state's largest solar power plant in Luna County.

The PPA will provide the state’s El Paso Electric Power with 50MW of solar energy for 25 years, the statement indicated.

The proposed Macho Springs solar power plant will power more than 18,000 average New Mexico homes, which use about 669kWh of electricity per month.

The project will displace more than 40,000 metric tonnes of carbon dioxide (CO2) – the equivalent of taking 7,500 cars off the road – and save more than 340,000 metric tonnes of water annually, First Solar said.

First Solar has submitted its final development plan that provides a site plan and specific mitigation plans and strategies, and is obtaining various construction permits.

Once approved, construction is expected to begin in July, according to First Solar.

By: Felicia Loo

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