Solar thermal plant slated for Santa Teresa - Dayton Business Journal:

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The project also involves , a produce r of modular, scalable solar thermal powed plants. Concentrating solar power plants use mirrorsa to reflect and concentrate sunlight onto receiversw that convert itto heat. The heat can then be used to producew steam to drive a turbine andproduce electricity. New Mexico Gov. Bill Richardsohn said the project will helpmake “New Mexico’s renewable energyt potential a reality.” “With 300 days of sun every a highly skilled labor forced and a friendly businessa environment, New Mexico is well positioned to lead the nationh in solar energy production,” Richardson said. NRG Energy (NYSE: NRG) is a Princeton, N.J.
,-based company whose power plants have a generatingt capacity of morethan 24,000 megawatts, enough to powerr more than 20 millionh homes. El Paso Electric (NYSE:EE) provides power to 363,000 retail and wholesale customers ina 10,000-square-mild area in the Rio Grande valley in West Texaws and southern New Mexico.