Developer

Public Service Co of New Mexico

www.pnm.com

Total capacity of implemented projects

500 - 1000 MW

Countries of projects presence

1

Power ; Solar Power

Public Service Co of New Mexico (PNM) is a leading energy company in the United States that is committed to developing renewable projects in the energy storage, wind power, and solar power sectors. PNM is a subsidiary of PNM Resources, Inc., a publicly traded energy holding company that serves customers in New Mexico and Texas.

PNM has been at the forefront of renewable energy development in the United States, with a focus on reducing carbon emissions and promoting sustainable energy practices. The company has set a goal of reducing carbon emissions by 50% by 2030 and achieving a zero-carbon emission portfolio by 2040.

Energy Storage

Energy storage is a critical component of the renewable energy sector, as it allows for the efficient storage and distribution of energy generated from renewable sources. PNM has been actively developing energy storage projects in New Mexico, with a focus on battery storage technology.

In 2019, PNM announced plans to build a 50 MW energy storage facility in New Mexico, which will be one of the largest energy storage facilities in the United States. The facility will be capable of storing up to 200 MWh of energy, which is enough to power approximately 20,000 homes for four hours.

PNM has also partnered with Tesla to install a 2 MW energy storage system at a substation in Albuquerque, New Mexico. The system is designed to provide backup power to customers in the event of a power outage, as well as to help manage peak demand on the grid.

Wind Power

Wind power is a key component of PNM's renewable energy portfolio, with the company operating several wind farms in New Mexico. PNM's wind power projects have a combined capacity of over 500 MW, which is enough to power approximately 150,000 homes.

PNM's wind power projects are located in some of the windiest areas of New Mexico, including the eastern plains and the mountains of northern New Mexico. The company has also invested in new wind turbine technology, including larger and more efficient turbines that can generate more power from the same amount of wind.

In 2019, PNM announced plans to build a new wind farm in New Mexico, which will have a capacity of 50 MW. The project will be located in eastern New Mexico and will generate enough energy to power approximately 16,000 homes.

Solar Power

Solar power is another key component of PNM's renewable energy portfolio, with the company operating several solar power projects in New Mexico. PNM's solar power projects have a combined capacity of over 150 MW, which is enough to power approximately 45,000 homes.

PNM's solar power projects are located in some of the sunniest areas of New Mexico, including the southern part of the state and the Albuquerque area. The company has also invested in new solar panel technology, including panels that are more efficient and can generate more power from the same amount of sunlight.

In 2019, PNM announced plans to build a new solar power project in New Mexico, which will have a capacity of 50 MW. The project will be located in the Albuquerque area and will generate enough energy to power approximately 16,000 homes.

Conclusion

PNM is a leading energy company in the United States that is committed to developing renewable projects in the energy storage, wind power, and solar power sectors. The company has set a goal of reducing carbon emissions by 50% by 2030 and achieving a zero-carbon emission portfolio by 2040.

PNM's renewable energy portfolio includes energy storage, wind power, and solar power projects, which have a combined capacity of over 700 MW. The company's renewable energy projects are located in some of the windiest and sunniest areas of New Mexico, and the company has invested in new technology to make its projects more efficient and cost-effective.

PNM's renewable energy projects are not only good for the environment, but they also provide economic benefits to the communities where they are located. The projects create jobs, stimulate local economies, and provide a reliable source of energy for customers.

Overall, PNM is a leader in the renewable energy sector, and its commitment to reducing carbon emissions and promoting sustainable energy practices is helping to create a cleaner, more sustainable future for New Mexico and the United States.