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Enlight Renewable Energy Begins Operations at 364 MW Atrisco Solar & Storage Project in New Mexico

Source：solarquarter

renewable energy solutions

Enlight Renewable Energy has announced the initial commercial operations of its Atrisco Solar & Energy Storage project near Albuquerque, New Mexico. Developed by Enlight’s U.S. subsidiary Clenera, the project features a 364 MW solar generation array and a 1.2 GWh energy storage system (BESS).

The solar array is set to reach full commercial operations in the coming weeks, while the energy storage component is expected to achieve commercial operation before the end of the year. The clean energy produced by Atrisco will be purchased by the Public Service Company of New Mexico (PNM) under a 20-year power purchase agreement, providing enough electricity to power around 110,000 homes annually.

Atrisco is Enlight’s largest project to date in terms of both capacity and capital investment. The project is expected to generate between $51-55 million in revenue and $41-45 million in EBITDA during its first full year of operation.

“Achieving the first phase of commercial operations at Atrisco is a major milestone,” said Clenera President and CEO Adam Pishl. “We have taken a brownfield site with little use and transformed it into a clean energy power plant. The low-cost, emission-free energy produced here will benefit generations of New Mexico residents and is the first of our future investments in the state.”

“We are proud to see Clenera, our operational arm in the U.S., achieving the important milestone of Atrisco’s COD,” commented Gilad Yavetz, CEO of Enlight Renewable Energy. “Atrisco is a win-win venture for New Mexico’s economy, climate goals, and energy security, as well as for Enlight as a leading renewable energy developer and IPP. Atrisco’s electricity will be generated at an attractive price, reduce carbon emissions, and create economic development and employment opportunities for the broader region. Our additional clean energy projects in New Mexico and the Southwest – some being even larger than Atrisco – are at an advanced development stage. We look forward to commissioning these projects as well, further contributing to the region’s environmental wellbeing and economic prosperity.”

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