The Navajo Transitional Energy Company (NTEC) was formed in 2013 to help manage the Navajo Mine near Farmington, New Mexico, after the Navajo Nation bought the mine from the international coal company BHP in late 2012. As part of its mission, NTEC has committed to spending 10 percent of its profits in pursuit of renewable energy opportunities in order to diversify the Navajo Nation’s energy portfolio.
The geothermal project will be the first real fruit of this goal. NTEC has entered into plans to start a pilot project to explore and develop geothermal resources in Tohatchi, New Mexico, north of Gallup.
Read More......