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Rockville’s Standard Solar acquires 4.98MW community solar project
Standard Solar, a commercial and community solar developer and asset owner in Rockville, Tuesday announced the acquisition of a 4.98-megawatt (MW) solar project in Doña Ana County, New Mexico, from developer Energy Management Inc. (EMI).
The Bent Bow project, which EMI began development of in 2021, was one of six in Doña Ana County selected as part of New Mexico’s Request for Proposals for Community Solar projects initiative. More than 50 applications were submitted for projects in Doña Ana County.
Bent Bow contributes to the 30 MWs allocated to El Paso Electric under the act. The Community Solar Act, which caps the initial years’ total community solar deployment at 200 MWs across three investor-owned utilities, aims to facilitate energy access to low-income households and individuals in non-viable locations for rooftop solar. The act mandates that at least 30% of the energy from community solar arrays be dedicated to low-income subscribers, ensuring equitable benefits from New Mexico’s shift towards renewable energy. This project supports the state’s environmental objectives and enhances community involvement and energy independence, bringing tangible benefits to the local community.
Upon its anticipated completion in late 2025, the ground-mount solar array is projected to generate a substantial 11,309.98 megawatt hours of energy annually, contributing significantly to the local renewable energy supply and reducing carbon emissions.
