PNM Seeks Proposals For 2016 Renewable Energy Resources

Posted by SI Staff on November 19, 2013 No Comments
Categories : New & Noteworthy

New Mexico utility PNM has issued a request for proposals (RFP) for renewable energy resources totaling 150 GWh produced and delivered to customers in 2016. The RFP specifies solar, wind, geothermal, hydropower and biomass technologies.

PNM says it will consider cost-competitive offers for asset purchases, design-build-transfer projects or power purchase agreements, in addition to renewable energy certificate (REC) bids. Projects should be located in or deliver electricity to customers in New Mexico. REC-only purchases must be from a facility located in New Mexico.

‘We are looking for solid proposals that will help us provide affordable and reliable power to meet state renewable energy requirements,’ says Pat O'Connell, PNM director of resources and planning. ‘A robust, competitive bidding process helps us identify the best options available to serve our customers with PNM's expanding renewable portfolio.’

PNM will host a pre-bid conference and live webinar at its headquarters in Albuquerque, N.M., on Monday, Nov. 25, from 1 p.m. to 3 p.m. MST for project developers interested in submitting proposals. Details for participating in the conference online and in person will be posted here.

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