New Mexico Commissioner of Public Lands Stephanie Garcia Richard and representatives from Chevron devoted a brand new photo voltaic array being constructed on state belief land in Eddy County. Chevron received the appropriate to lease the 362-acre parcel at a public public sale in January and issued a sublease to Hayhurst Photo voltaic to assemble a 26-MW, 55,00-panel photo voltaic array to serve Chevron’s electrical load wants within the Permian Basin. The array will herald an estimated $7 million in new income for New Mexico’s public faculties.
Credit score: New Mexico State Land Workplace.
“The State Land Workplace is open for enterprise and we’re diversifying our income streams. Chevron’s photo voltaic array right here in Eddy County expands upon a promise I saved to triple renewable power on state belief lands,” Garcia Richard stated. “My crew and I are dedicated to inventive partnerships like this as a approach of discovering new sources of cash for New Mexico’s college youngsters. Tasks like these are important investments in future generations of New Mexicans.”
Commissioner Garcia Richard created the first-ever Workplace of Renewable Vitality throughout the Business Division on the State Land Workplace. From January 2019 by means of September 2022, annual income from renewable leases on state belief land elevated by 1,400% and the variety of lively leases elevated by 208%.
“Via business partnerships, corresponding to ours with Algonquin, and collaboration with Commissioner Garcia Richards and the New Mexico State Land Workplace, we’re working to additional cut back the carbon depth of our operations by deploying renewable energy to assist Chevron’s operations within the Permian,” stated Allen Satterwhite, president of Chevron Pipeline and Energy. “Along with supporting oil and gasoline operations, the solar energy undertaking in Hayhurst may also help assist the State Land Workplace of their continued efforts to broaden renewable power capability in New Mexico.”
Information merchandise from the State of New Mexico
