Sunday, August 7 2022 Sign In   |    Register

News Quick Search



Front Page
Power News
Today's News
Yesterday's News
Week of Aug 01
Week of Jul 25
Week of Jul 18
Week of Jul 11
Week of Jul 04
By Topic
By News Partner
Gas News
News Customization


Pro Plus(+)

Add on products to your professional subscription.
  • Energy Archive News

    Home > News > Power News > News Article

    Share by Email E-mail Printer Friendly Print

    New Mexico awards land leases for 500 MW of wind projects

    June 29, 2022 - SeeNews Renewables


      June 29 (Renewables Now) - The US state of New Mexico has signed land leases for wind farm construction, calculating that the effort will lift the installed renewable power capacity on state trust lands to roughly 1.2 GW.

      The leases were signed by New Mexico Commissioner of Public Lands Stephanie Garcia Richard on Monday following a public auction held on June 10. The contracts concern land areas totalling 147,684 acres (59,766 ha). According to estimates by the Office of Renewable Energy, they will pave the way for the deployment of at least 500 MW of wind turbine capacity, capable of supplying more than 196,000 homes per year.

      The total value of the winning bids in the competition is estimated at USD 9.3 million (EUR 8.9m). The leases will expire in 2077.

      Pattern SC Holdings LLC, part of the Pattern Energy Group, was the highest bidder on the 11 tracts of land. The company is proposing a wind energy project that is set to become the largest in the Western hemisphere.

      At present, New Mexico state trust lands host 438 MW of renewable power capacity, while an additional 366 MW of projects are under development.

      (USD 1.0 = EUR 0.952)


    Other Articles - Utility Business / General


       Home  -  Feedback  -  Contact Us  -  Safe Sender  -  About Energy Central   
    Copyright © 1996-2022 by CyberTech, Inc. All rights reserved.
    Energy Central® and Energy Central Professional® are registered trademarks of CyberTech, Incorporated. Data and information is provided for informational purposes only, and is not intended for trading purposes. CyberTech does not warrant that the information or services of Energy Central will meet any specific requirements; nor will it be error free or uninterrupted; nor shall CyberTech be liable for any indirect, incidental or consequential damages (including lost data, information or profits) sustained or incurred in connection with the use of, operation of, or inability to use Energy Central. Other terms of use may apply. Membership information is confidential and subject to our privacy agreement.