Repsol starts producing electricity from its first solar plant in the US
Repsol has started producing electricity at its first photovoltaic plant in the United States, called Jicarilla 2, in the state of New Mexico. The facility, located on Jicarilla Apache Nation lands in Rio Arriba County, has a total installed capacity of 62.5 megawatts (MW).
Jicarilla 2 will be able to supply electricity from renewable sources to 1 6,000 homes, avoiding the emission of nearly 50,000 tons of CO 2 each year. The company is developing in the same location another solar project, Jicarilla 1, with 62.5 MW of installed capacity and 20 MW of battery storage.
In addition, Repsol has recently announced its intention to invest in a 600 MW project in the State of Texas, which will become the group’s largest photovoltaic project to date and is expected to be operational by the end of 2023.
Renewable energy generation is currently one of the pillars of Repsol’s decarbonization strategy. The company has recently raised its worldwide installed capacity targets to 6 GW by 2025 and 20 GW by 2030, with 2.1 GW expected to be operational in the United States by 2025 and to reach 7.8 GW in the country by 2030.
The renewable electricity generated by Jicarilla 2 will be sold by PNM. This company is the largest electricity provider in the State of New Mexico and a major supplier to the city of Albuquerque, which ranks as one of the top 15 leading municipalities in renewable energy use in the U.S. Jicarilla 2 project will allow Albuquerque to reach an 88% of renewable energy in its local government activities, just 12% short of its goal of being 100% renewable power.
In addition to the City of Albuquerque, the facility will provide renewable energy to municipalities, governmental, tribal and educational entities, as well as large commercial customers such as Western New Mexico University, Walmart, Santa Fe County, Bernalillo County, the City of Deming, Grant County and Silver City.
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