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Wind, Solar Look Sunnier than Coal in New Mexico as State Weighs Fate of San Juan Plant

Wind, Solar Look Sunnier than Coal in New Mexico as State Weighs Fate of San Juan Plant

SUGAR LAND--November 21, 2019--Researched by Industrial Info Resources (Sugar Land, Texas)--Arizona made headlines this week with the closure of the largest coal-fired power plant in the U.S., but its neighbor New Mexico is wrestling with its own efforts to transition away from the fossil fuel. One of the biggest fights has participants in roles opposite of what many might expect: a plant owner that wants to shut down its facility, and regulators who the owner alleges are hindering the closure. Industrial Info is tracking $11.5 billion in active power-generation projects in New Mexico, the bulk of which is attributed to renewable-sourced generation.

Within this article: Details on some of the major power-generation projects planned for New Mexico, including several big-ticket windfarms under construction.

Companies featured: PNM Resources Incorporated, Xcel Energy Incorporated (NASDAQ:XEL), Iberdrola S.A., NextEra Energy Incorporated (NYSE:NEE), General Electric (NYSE:GE), Triangle Cattle Company Limited, Gallegos Wind Farm LLC and Invenergy LLC.

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