ALBUQUERQUE, N.M. — Richardson announces that a Spanish renewable energy company will build the solar project in Guadalupe County
A Spanish renewable energy company will build one of the largest photovoltaic solar projects in the world on 2,500 acres of land in Guadalupe County, Gov. Bill Richardson announced Wednesday.
The governor said in a news release that the GA-Solar project will develop the land in Guadalupe County into a large solar array with the potential to reach upwards of 300MW of installed capacity once completed. It is expected to generate enough energy to power the equivalent of 50,000 homes for one year.
GA-Solar and its parent company, Corporacion Gestamp, plan to invest $1 billion in New Mexico in the development of the project, according to the news release.
The news release said it is estimated the project will take up to four years to build, during which time the company will be employing 300 people. Upon completion, the company will maintain 75 full-time employees.