in News Departments > New & Noteworthy
print the content item

Gov. Bill Richardson, D-N.M., signed Senate Bill 418 (S.B.418) and House Bill 188 (H.B.188) on March 5 to increase the use of renewable energy in the state.

On March 2, the New Mexico House passed S.B.418, which requires that at least 15% of an electric utility's power supply come from renewable sources by 2015 and 20% by 2020. In addition, the Senate passed H.B.188, which creates a Renewable Energy Transmission Authority to promote clean energy jobs and help New Mexico both develop clean energy resources and market them to other states.

"I am proud today to sign a bill that will quadruple New Mexico's use of clean electricity by 2020," says Richardson. "Promoting renewable electricity keeps our air clean and it will help New Mexico meet my aggressive greenhouse gas reduction goals. It will also help continue to create new jobs, like those at Advent Solar in Albuquerque, and aid ranchers who want to diversify into the lucrative wind energy market."


Trachte Inc._id1770
Latest Top Stories

Eagle Take Permits For Wind Farms - Will They Fly?

Now that the U.S. Fish and Wildlife Service has issued the first permit allowing the legal take of eagles, can wind developers expect more certainty in the agency's application process?


Despite 2013 Challenges, U.S. Wind Power Reaches All-Time Low Price

In a new report, the U.S. Department of Energy details the highs and lows of the country's wind industry last year, and the agency maintains that the U.S. sector remains strong.


Mexico On Pace To Set New Renewables Investment Record

A new report says the country has spent $1.3 billion on clean energy in the first half of 2014 and could end up seeing a record year. Furthermore, wind power is slated for significant growth in the region.


IRS Issues More PTC Guidance, Easing Some Wind Industry Concerns

The Internal Revenue Service (IRS) addresses how much work is needed on a wind farm to satisfy production tax credit (PTC) eligibility.


Embryonic No More: U.S. Offshore Wind Industry Gaining Momentum

After a decade of fits and starts, the industry is moving closer to installing the first generation of wind projects off the country's shores.

Canwea_id1984
Renewable NRG_id1934
Tower Conference_id1965