{"id":1004108950,"date":"2014-12-05T14:08:06","date_gmt":"2014-12-05T22:08:06","guid":{"rendered":"https:\/\/synd.yardi.com\/?p=311351"},"modified":"2020-05-18T00:55:43","modified_gmt":"2020-05-18T08:55:43","slug":"new-mexico-approves-4-more-solar-power-generators-by-pnm","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/new-mexico-approves-4-more-solar-power-generators-by-pnm\/","title":{"rendered":"New Mexico Approves 4 More Solar Power Generators by PNM"},"content":{"rendered":"

By Anca Gagiuc, Associate Editor<\/em><\/p>\n

PNM\u2019s plan to build additional solar-powered generating stations has been unanimously approved by the New Mexico Public Regulation Commission. PNM will add four more solar photovoltaic facilities that translate into another 40 megawatts of utility-scale solar power.<\/p>\n

\"\"<\/a>The solar arrays will require an investment worth over $79 million. With the new addition, the solar capacity will allow PNM to meet the state\u2019s renewable portfolio standard in 2016. That is when all of the state\u2019s public utilities are required to derive a minimum of 15 percent of their electricity from renewable resources, meaning a five percent increase from today\u2019s 10 percent.<\/p>\n

The approval raises PNM\u2019s solar capacity to 107 megawatts which could power 40,000 average homes in a year. Moreover, it is estimated that in 2015 the company\u2019s wind, solar and geothermal resources will generate power used by 150,000 average residential consumers, save approximately 382 million gallons of fresh water at power plants and reduce carbon emissions by the equivalent of taking over 200,000 cars off the road.<\/p>\n

The locations for the new plants have not yet been decided. \u201cWe have options on several sites in Santa Fe and in between Valencia and Sandoval counties,\u201d NM Vice President for Regulatory Affairs Gerard Ortiz said. \u201cWe haven\u2019t finalized the sites yet, but (the plants) will be installed in three or four locations.\u201d<\/p>\n

Photo courtesy of PNM\u2019s Facebook Page<\/a>. <\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

PNM’s plan to build additional solar-powered generating stations has been unanimously approved by the New Mexico Public Regulation Commission. PNM will add four more solar photovoltaic facilities that translate into another 40 megawatts of utility-scale solar power.<\/p>\n","protected":false},"author":237,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1577,21742],"tags":[],"class_list":["post-1004108950","post","type-post","status-publish","format-standard","hentry","category-albuquerque","category-latest"],"acf":[],"yoast_head":"\nNew Mexico Approves 4 More Solar Power Generators by PNM - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/new-mexico-approves-4-more-solar-power-generators-by-pnm\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"New Mexico Approves 4 More Solar Power Generators by PNM\" \/>\n<meta property=\"og:description\" content=\"PNM’s plan to build additional solar-powered generating stations has been unanimously approved by the New Mexico Public Regulation Commission. PNM will add four more solar photovoltaic facilities that translate into another 40 megawatts of utility-scale solar power.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/new-mexico-approves-4-more-solar-power-generators-by-pnm\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2014-12-05T22:08:06+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-05-18T08:55:43+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2014\/12\/PNM-Solar.jpg\" \/>\n<meta name=\"author\" content=\"Anca Gagiuc\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/new-mexico-approves-4-more-solar-power-generators-by-pnm\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/new-mexico-approves-4-more-solar-power-generators-by-pnm\/\",\"name\":\"New Mexico Approves 4 More Solar Power Generators by PNM - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/new-mexico-approves-4-more-solar-power-generators-by-pnm\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/new-mexico-approves-4-more-solar-power-generators-by-pnm\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2014\/12\/PNM-Solar.jpg\",\"datePublished\":\"2014-12-05T22:08:06+00:00\",\"dateModified\":\"2020-05-18T08:55:43+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/340a1a5e8e7dd137bd91ca1dd3a2e9d7\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/new-mexico-approves-4-more-solar-power-generators-by-pnm\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/new-mexico-approves-4-more-solar-power-generators-by-pnm\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/new-mexico-approves-4-more-solar-power-generators-by-pnm\/#primaryimage\",\"url\":\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2014\/12\/PNM-Solar.jpg\",\"contentUrl\":\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2014\/12\/PNM-Solar.jpg\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/new-mexico-approves-4-more-solar-power-generators-by-pnm\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.commercialsearch.com\/news\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"New Mexico Approves 4 More Solar Power Generators by PNM\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/\",\"name\":\"Commercial Property Executive\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/340a1a5e8e7dd137bd91ca1dd3a2e9d7\",\"name\":\"Anca Gagiuc\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/d3faafbc9e42cee6d04189129d2ee35dc7818b52bae9848e065f3b86af1df47e?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/d3faafbc9e42cee6d04189129d2ee35dc7818b52bae9848e065f3b86af1df47e?s=96&d=mm&r=g\",\"caption\":\"Anca Gagiuc\"},\"description\":\"Anca Gagiuc brings more than a decade of experience within the real estate industry. 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