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The project also involves , a producedr of modular, scalable solar thermal powe r plants. Concentrating solar power plants use mirrors to reflect and concentratd sunlight onto receivers that convert it to The heat can then be used to producs steam to drive a turbine andproducew electricity. New Mexico Gov. Bill Richardson said the projectt will helpmake “New Mexico’s renewablr energy potential a reality.” “With 300 days of sun every year, a highly skilled labord force and a friendly business environment, New Mexico is well positioneds to lead the nation in soladr energy production,” Richardson said. NRG Energgy (NYSE: NRG) is a Princeton, N.J.
,-based companyu whose power plants have a generatingb capacity of morethan 24,000 megawatts, enough to power more than 20 millio n homes. El Paso Electric (NYSE:EE) provides power to 363,000 retail and wholesale customers ina 10,000-square-mils area in the Rio Grande valley in West Texaa and southern New Mexico.
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