North Carolina-based Duke Energy Renewables has begun construction on the 25 MW Caprock Solar Power Project, located near Tucumcari in Quay County, N.M.
The company acquired the project, slated for completion later this year, from Infigen Energy. Its output will be sold to Western Farmers Electric Cooperative (WFEC) under a 25-year agreement.
“We are pleased to bring this solar project to New Mexico and add the state to our growing U.S. renewables footprint,” says Duke Energy Commercial Portfolio President Greg Wolf. “We’re also excited to be partnering with a progressive cooperative like WFEC, which reflects our commitment to provide clean energy solutions for utilities, cooperatives, municipalities, corporations and other organizations.”
Brian Hobbs, WFEC vice president of legal and corporate services, explains that WFEC has been looking at solar energy for about 10 years.
“The costs of installing solar have dramatically decreased in the past few years and are much closer to competing with more traditional forms of generation,” says Hobbs. “Coupled with other benefits, such as no ongoing fuel costs and decreased emissions, we felt the timing was right to introduce solar into our generation mix.”
EPC contractor Swinerton Renewable Energy will build the solar project, which will consist of more than 103,000 solar panels manufactured by Jinko Solar.