GreenPower Motor Company plans to open a new EV factory in southern New Mexico, adding hundreds of jobs as the state ramps up incentives and fleet electrification.
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GE Vernova has produced over half the turbines needed for SunZia Wind, which will be the largest wind farm in the Western Hemisphere when it comes online in 2026.
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The State of New Mexico has awarded Nuvve a $400 million contract to provide turnkey EV charging solutions – including hardware, maintenance, and data management – to the state’s growing fleet of electric vehicles.
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Singapore-headquartered Maxeon Solar Technologies (Nasdaq: MAXN) is restructuring to focus exclusively on the US market, but it’s put its $1 billion Albuquerque solar cell factory on ice.
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The US Department of Energy (DOE) announces $1.5B for four transmission projects – including connecting the Texas grid to the Southeast grids for the first time ever.
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Governor Michelle Lujan Grisham (D-NM) and solar cell manufacturer Ebon Solar jointly announced that a nearly $1 billion solar cell factory will be built in New Mexico.
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Taos Ski Valley Resort in New Mexico wrote in an e-newsletter today that it has deployed the “first, fully electric snowcat in North America.”
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SunZia, a massive clean energy project in the US Southwest, has closed $11 billion non-recourse financing and launched full construction.
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Clean Power Alliance, California’s fourth-largest electricity provider, is going to source power from SunZia, the US’s largest clean energy transmission project.
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SunZia, a massive wind power and transmission line project in the US Southwest, is now ready to start construction.
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Dallas-based infrastructure manufacturer Arcosa (NYSE: ACA) said today that it’s received $750 million worth of wind turbine tower orders, so it’s building a new factory where it can make them.
Taos Ski Valley in New Mexico recently became the first North American ski resort to use a fully-electric snow groomer, by putting a PistenBully 100 E into operation. This is just one of several actions the mountain village is taking to promote sustainability and achieve its pledge to reach net-zero carbon emissions by 2030.
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New Mexico is set to become the next state in the U.S. to make a clean energy commitment law, setting a goal of 100 percent carbon-free electricity by 2045.
From today’s Shareholder Report(PDF):
In June, we broke ground just outside Reno, Nevada on a site that could potentially be the location for the Gigafactory. Consistent with our strategy to identify and break ground on multiple sites, we continue to evaluate other locations in Arizona, California, New Mexico and Texas. The final site for the first Gigafactory will be determined in the next few months, once we have full visibility and agreement on the relevant incentives and processes for enabling the Gigafactory to be fully operational to meet the timing for Model 3. We see these concurrent efforts as prudent. This vehicle will be
our third-generation product and will substantially broaden the addressable market for Tesla, helping to accelerate the transition towards sustainable transportation. Any potentially duplicative investments are minor compared to the revenue that could be lost if the launch of Model 3 were affected by any delays at our primary Gigafactory site.
Conference call will be at 5:30 here. Stock is down in after hours on unit shipment numbers.