ARC Renewables LLC has purchased 700 acres of land in southwest New Mexico and is seeking a development partner to pursue solar energy initiatives.
‘There are multiple renewable RFPs out for bid in New Mexico, and our site has all the resources – strong solar, on-site transmission lines and flat land,’ says Rich Moretz, chief operating officer of ARC Renewables.
‘We are open to any partnership structure that benefits both the partners and power consumers in New Mexico,’ he adds.
The type of solar technology used for the project will be jointly selected by ARC Renewables and its new partner. The new solar facility is scheduled to be in operation within 24 to 48 months.
For more information, contact (843) 851-2505.
SOURCE: ARC Renewables