D.E. Shaw Renewable Investments (DESRI), and El Paso Electric (EPE), both US-based firms, have announced the start of construction for the Carne Solar and Storage project in New Mexico. Carne, which will feature a 130 MWAC solar array and 260 MWh of storage, is DESRI’s second project in Luna County, following Alta Luna. According to DESRI, Carne will advance EPE’s clean energy goals, targeting 80% clean energy by 2035 and 100% by 2045. The facility, slated for commercial operation in 2025, is expected to power approximately 37,600 homes annually. Supported by a 20-year PPA with EPE, the project also involves Galehead Development and Lacuna Sustainable Investments. SOLV Energy, also US-based, will manage EPC and O&M of the project. The project is expected to create over 300 jobs and provide local workforce training.
DESRI and EPE launch 130 MW Carne Solar project
The 130 MWAC Carne Solar project, paired with a 260 MWh storage system, will play a key role in EPE’s clean energy transition goals. (Image Credit: DESRI)
Actualize Solar has signed five long-term PPAs in 2024, advancing its 1.5 GW solar project portfolio across six US states. (Image Source: Businesswire)
Located in Enna and Catani a, the 242.78 MW solar plant was designed to produce 400 GWh annually, meeting the needs of 154,000 households. (Inage Source: Iberdola)
Scatec has secured EUR 25 million from IFU, alongside equity and non-recourse debt, for its USD 85 million project financing. (Image Source: Scatec ASA)
EliTe Solar launched its 5 GW PV project in Egypt’s TEDA Suez Zone, set to begin production by September 2025. (Image Source: PRNewswire)