With its high temperatures and vast expanses of arid land, it’s no surprise that New Mexico is a solar energy leader. The state has enough solar energy installed to power 74,000 homes, and the solar industry in New Mexico employs 1,600 residents.1
New Mexico’s thriving solar industry is largely a result of early support for the technology.
New Mexico has also been a significant adopter of wind energy, with over 750 MW of wind energy capacity already deployed2
and several hundred megawatts more under construction. New Mexico’s burgeoning clean energy industry is thanks in part to its wide portfolio of clean energy tax credits, including for both project development and manufacturing.3
Those tax incentives helped attract $585 million in clean energy investment in 2013.4
Also contributing to New Mexico's clean energy industry: it's strong renewable portfolio standard of 20% by 2020.5
Learn more about energy in New Mexico with ACORE’s Renewable Energy in the 50 States