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Doña Mother County, Santa Teresa Solar and Storage Project, in New Mexico, entered the construction stage.
The project is developed by De Shaw Renewable Investments (DSR) in cooperation with El Paso Electric (EPE).
It includes a renewable energy initiative, 150 MVTO Sunny Solar Solar, 600 Megawatt-Clock (MWH) battery power storage system (BESS).
The project is the second enterprise in the field of EPE after the Carne project, which began construction in 2024 in 2024.
With the Epe 20-year-old energy purchase contract (PPA), Santa Teresa will provide a fairly clean electricity to meet the annual needs of 60,000 homes served by EPE.
Desri Chief Development Specialist Hy Martin: “Santa Teresa Project, El Paso is the cornerstone of the growing partnership in Desri, as electricity and effective solar and storage assets can strengthen the future of new Mexico.
“The project contributes only to regional network stability through a large-scale energy warehouse, but it also emphasizes our liability on energy and economic development everywhere in Doña Mother County and State.”
The financing of this development was provided through several financial institutions, including DNB Bank ASA, New York Branch and Canadian National Bank, joint coordinating lead regulators.
Additional support Sumitomo Mitsui Trust Bank Limited came from New York Branch and Korean Development Bank. Deutsche Bank Guven will control administrative aspects as part of the American role.
El Paso Electric System Planning and Operations Support Support Vice President Dave Hawkins: “This project is more than adding solar energy – the service is going to deliver a sustainable cost to communities and enterprises.
“By providing pure energy and additional strength, we strengthen additional power to the whole region, support the sustainability and invest in the growth of future economic development.”
LG Energy Solution Verech for technical components such as battery systems and software management tools, with long-term service adjustments will provide US-produced Bess sections with the USA.
Solv’s energy was obtained not only for engineering, procurement and construction tasks, but also for future transactions and maintenance services.
In May, Desri, along with Ranger Power, Financial closing And the construction of two solar projects, which is an alternative current in Michigan, began.