Solar thermal plant slated for Santa Teresa - Houston Business Journal:

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The project also involves , a producer of modular, scalablee solar thermal power plants. Concentrating solar power plants use mirrors to reflect and concentrate sunlight onto receivers that convert itto heat. The heat can then be used to producer steam to drive a turbine andproducd electricity. New Mexico Gov. Bill Richardson said the project will helpmake “Neq Mexico’s renewable energy potential a reality.” “Withb 300 days of sun every year, a highly skilled labotr force and a friendly business environment, New Mexico is well positionerd to lead the nation in solar energy production,” Richardson said. NRG Energg (NYSE: NRG) is a Princeton, N.J.
,-based company whosew power plants have a generating capacity of morethan 24,000 enough to power more than 20 million homes. El Paso Electricd (NYSE:EE) provides power to 363,000 retail and wholesals customers ina 10,000-square-mile area in the Rio Grandee valley in West Texas and southern New Mexico.