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New Mexico inks trust land leases for massive wind project  

Credit:  AP | June 27, 2022 | apnews.com ~~

New Mexico’s public land commissioner on Monday signed nearly a dozen leases that will clear the way for a major renewable energy developer to erect wind turbines across 230 square miles (595 square kilometers) of state trust land.

Officials are billing Pattern Energy’s planned development in Lincoln, Torrance and San Miguel counties as the largest wind energy project in the western hemisphere.

The company at the end of 2021 brought online four wind farms in central New Mexico totaling more than a gigawatt of capacity for utility customers in California. The new leases will be part of the larger SunZia project, which will ultimately have a capacity of 3,000 megawatts to power homes in more populated markets in the West.

New Mexico Land Commissioner Stephanie Garcia Richard said that together, the 11 leases signed Monday mark the largest leasing of state trust land for renewable energy development in the state’s history.

“Tripling renewable energy may have sounded like a lofty goal, but we have made it there by executing these leases and we won’t stop now,” she said in a statement.

Pattern Energy has said it plans to invest $6 billion in upcoming wind energy and related infrastructure projects in the state over the next decade.

The company had a total winning bid of nearly $9.3 million for the parcels. State officials said they expect revenue from the planned project to bring in at least $196 million over its lifetime to benefit public schools and other state institutions.

In all, the State Land Office oversees 26 wind energy leases and 12 solar energy leases. The agency said it also has several dozen applications for new renewable energy leases in the pipeline.

Source:  AP | June 27, 2022 | apnews.com

This article is the work of the source indicated. Any opinions expressed in it are not necessarily those of National Wind Watch.

The copyright of this article resides with the author or publisher indicated. As part of its noncommercial effort to present the environmental, social, scientific, and economic issues of large-scale wind power development to a global audience seeking such information, National Wind Watch endeavors to observe “fair use” as provided for in section 107 of U.S. Copyright Law and similar “fair dealing” provisions of the copyright laws of other nations. Send requests to excerpt, general inquiries, and comments via e-mail.

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