News

Public Service Co of New Mexico plans entering PPA with Lightning Dock project

Drilling start at Lightning Dock project, New Mexico (source: Raser Technologies)
Alexander Richter 2 May 2012

Utility Public Service Co. of New Mexico announces it intends to enter a 20-year Power Purchase Agreement with Cyrq Energy for the 10 MW Lightning Dock geothermal power plant currently being build and expected to be operational by January 2014.

Reported locally, the Public Service Co. of New Mexico intends to enter a 20 years power purchase agreement from a planned 10 MW geothermal power plant. The Lightning Dock Geothermal project at Lorsdbourg New Mexico, is being built by Cyrq Energy (formerly Raser Technologies). The plant is provided and built by Ormat Technologies under an EPC contract.

The company expects the plant to be online by January 2014.

Source: Power Engineering