SunEdison, Xcel Plan 50 MW In New Mexico

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SunEdison, a subsidiary of MEMC Electronic Materials, and Xcel Energy's regional operating company, Southwestern Public Service Co., have signed an agreement for photovoltaic solar installations in New Mexico that will total 50 MW in generation capacity.

The five 10 MW sites, to be located in Lea and Eddy counties in southeastern New Mexico, will make up a utility-scale, ground-mount system that will be fully operational by the end of 2011, according to the companies.

The installations will be built, financed and maintained by SunEdison under a 20-year solar power services agreement with Xcel Energy, which will buy the solar power generated by the plant.

SOURCES: SunEdison, Xcel Energy

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