Nov. 7, 2014
PNM Begins Panel Installation at New Meadow Lake Solar Center
Albuquerque: PNM has begun installing the panels at the PNM Meadow Lake Solar Energy Center, which is located in Valencia County. The center is expected to be operational by the end of the year.
Once complete, the 9.1-megawatt solar center will have an estimated 122,850 panels capable of generating the energy used by 3,500 average residential customers. It will also provide an estimated $200,000 in new tax revenue for the county next year.
By 2016, PNM could have enough solar energy to power 40,000 average residential customers. The Meadow Lake solar center is one of three solar centers PNM is constructing this year. The other two are located in Sandoval and Cibola Counties. PNM already has eight solar centers in operation and has proposed to build four more next year.
With headquarters in Albuquerque, PNM is the largest electricity provider in New Mexico, serving more than 500,000 customers in dozens of communities across the state. PNM is a subsidiary of PNM Resources, an energy holding company also headquartered in Albuquerque. For more information, visit PNM.com.