Chavez County takes first step toward solar project

Solar-PV2

ROSWELL, N.M. (AP) - Chaves County commissioners have taken their first step to support a $290 million solar project capable of producing enough electricity to power more than 40,000 average homes.

The commission on Thursday approved a resolution that will pave the way for a vote next month on an ordinance to issue industrial revenue bonds on behalf of the project's developer.

County leaders say the bond sale would not financially obligate the county.

The Roswell Daily Record reports NextEra Energy Resources (NYSE: NEE), one of the largest wholesale generators of electric power in the U.S., has proposed building three separate solar farms on 1,300 acres of private land northeast of Roswell.

Company officials say the project would create at least 300 construction jobs and about five full-time jobs to keep the plant running.

Subscribe to Power Engineering magazine



Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

Logistics Risk Management in the Transformer Industry

Transformers often are shipped thousands of miles, involving multiple handoffs,and more than a do...

Secrets of Barco UniSee Mount Revealed

Last year Barco introduced UniSee, a revolutionary large-scale visualization platform designed to...

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...