Development of the 25 MW Alta Luna Solar Project has been given the go ahead. According to reports, construction is slated to begin this year, and should be complete by December 2016.
Having acquired the project from TurningPoint Energy, D. E. Shaw Renewable Investments, L.L.C., in partnership with Bright Plain Renewable Energy, LLC, will develop it. Tri-State Generation and Transmission Association, Inc., meanwhile, will buy the generated electricity under a 25 year PPA.
The plant will be installed across 22 acres in Luna County, southwest New Mexico. It will comprise over 108,000 solar PV panels and a single-axis tracking array.
"As with the other projects, Alta Luna represents a collaborative effort to find solutions to the various challenges that new generation presents from siting and engineering to transmission access and financing," said Brad Nebergall, Tri-State's senior vice president of energy management. "Alta Luna Solar was a very complex solar project that came together due to innovation, collaboration and leadership of our collective team," added Jared Schoch, principal and founder of TurningPoint Energy.
The Alta Luna project represents Tri-States second solar PPA in New Mexico, and its third such agreement overall. The other projects comprise the 30 MW Cimarron Solar Project in New Mexicos Colfax County; and the 30 MW San Isabel Solar Project in southern Colorado.
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