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PNM would enter into a 20-year power purchase agreement for the geothermal energy produced by a 10 MW facility to be built and operated by Lightning Dock Geothermal.
New Mexico's largest electric utility
Public Service Company of New Mexico (PNM) plans to add geothermal energy and more solar energy in 2013 and 2014, so that more of the total energy customers buy will come from renewable sources.
Public Service Company of New Mexico, a unit of PNM Resources Inc., submitted its annual renewable energy plan to the Public Regulation Commission on Monday.
PNM would enter into a 20-year power purchase agreement for the geothermal energy produced by a 10 MW facility to be built and operated by Lightning Dock Geothermal southwest of Lordsburg, N.M., and in service by January 2014.