Project near Carrizozo is beginning to look like a real solar array
The solar array being assembled by a Chicago-based firm outside of Carrizozo is beginning to take shape. (Photo: Courtesy Photo/Ray Dean)
Otero County Electric Cooperative, Inc. will receive output from the Carrizozo project, which is being developed and owned by Chicago-based SoCore Energy, LLC, one of the nation’s leading developers and operators of commercial and distributed solar generation and energy storage.
The project, which has a 25-year power purchase agreement at fixed price, is expected to come online in March 2018. OCEC covered the cost of land and interconnection and will receive the renewable energy credits from the project as part of the power purchase agreement. The project does not receive state tax credits or subsidies. The output is to be sold at below 4.5 cents per kilowatt-hour, a price Rocky Mountain Institute officials say is the lowest reported contract for distributed photovoltaic solar energy in the U.S.View All ENGIE in the News