Facts on the New Mexico Solar Industry
- There are currently more than 75 solar companies at work throughout the value chain in New Mexico,employing 1,100.
- New Mexico ranked 21st nationally in Q4 installations. See more solar state rankings.
- In 2012, New Mexico ranked 18th nationally in solar capacity installed.
- The 190 MW of solar energy currently installed in New Mexico ranks the state 10th in the country in cumulative installed solar capacity. There is enough solar energy installed in the state to power 39,000 homes.
- In 2012, $41 million was invested in New Mexico to install solar on homes and businesses.
- Average installed residential and commercial photovoltaic system prices in New Mexico continue to fall--by 6% from last year. National prices have also dropped steadily--by 14% from last year and 31% since 2010.
View more solar industry data.
Notable Installations in New Mexico
- Cimarron Solar Facility in Colfax County is a 30 MW photovoltaic installation that came online in 2010. This project provides enough energy to power 6,000 homes, displacing 45,000 metric tons of C02 annually, the equivalent of taking 7,000 cars off the road.
- Roadrunner Solar Project in Santa Teresa created almost 200 construction jobs before coming online in 2011. This 20 MW photovoltaic project displaces 27,000 tons of CO2 annually, the equivalent of taking 4,800 cars off the road.
- Las Cruces Centennial Solar Farm came online in May 2012. This 12 MW solar photovoltaic project produces enough energy to power 2,900 homes annually.
- Two major retailers have installed sizable solar photovoltaic (PV) systems on their buildings in Albuquerque. Costco recently completed two 490 kW systems and a US Foods facility houses a 426 kW system.
See our solar installations maps.
Solar Companies in New Mexico
There are currently more than 75 solar companies at work throughout the value chain in New Mexico. These companies provide a wide variety of solar products and services ranging from solar system installations to the manufacturing of components used in photovoltaic panels. These companies can be broken down across the following categories: 11 manufacturers, 7 manufacturing facilities, 32 contractor/installers, 3 project developers, 8 distributors and 21 engaged in other solar activities including financing, engineering and legal support.