PPA signed for 50 MW New Mexico PV park

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Construction on the project is scheduled to start in 2013, and should be complete the following year. Overall, around 400 construction jobs are expected to be created. Once online, the Macho Springs photovoltaic project will power around 18,000 homes.

"With the Macho Springs Solar purchase power agreement, EPE’s owned solar energy projects and purchase power agreements represent over 5.5% of the company’s dedicated generating capacity, which represents one of the largest percentages in the United States for an investor-owned utility," stated Rocky Miracle, senior vice president of corporate planning and development for EPE.

Anders Glader, senior vice president of Element Power, added, "As the largest solar project in the state of New Mexico, the Macho Springs Solar Project will provide clean and cost competitive solar energy to El Paso Electric and its customers. El Paso Electric is clearly taking a leadership role in the use of renewable energy."