El Paso Electric has signed a power purchase agreement for the full capacity of a 92MW concentrating solar power plant to be developed in southern New Mexico by NRG Energy and eSolar, a producer of modular, scalable solar thermal power plants. The project is part of NRG and eSolar's recently announced plans to develop up to 500MW of solar thermal power in California and across the southwestern US. The plant is expected to commence operations in the summer of 2011.
El Paso Electric believes that the project will help deliver clean power for the growing demand in the state and support the company's plans for meeting New Mexico's renewable portfolio standard.
eSolar has said that its modular approach, which requires approximately one-quarter square mile to produce 46MW, enables utilities of any size to incorporate solar energy at a scale specific to their needs.
Bill Gross, CEO of eSolar, said: "eSolar's modular technology can be installed at any scale and in variable configurations. Combined with NRG's resources and development expertise, eSolar's technology is the preferred solution for environmentally responsible mid-sized utilities like El Paso Electric."
A service of YellowBrix, Inc.
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