ICAST is helping the City of Aztec, New Mexico, develop a solar + energy storage project to meet its entire daytime power needs.
The City of Aztec is using the opportunities created by the Bipartisan Infrastructure Law (BIL) and Inflation Reduction Act (IRA) to install a 2-MW solar + 4-MWh battery energy storage system (BESS) project. Aztec selected ICAST to help it design and implement the project and help it access the IRA funds, monetize the investment tax credits and access low-cost financing.
Aztec is located in San Juan County, New Mexico, in the 4-corners region that has been heavily impacted due to the closure of a coal mine and a large coal-fired power plant. The project will:
- reduce energy costs for Aztec’s 6,000-plus residents,
- decarbonize energy usage,
- provide high-quality, sustainable jobs for the operation and maintenance of the project after the temporary construction jobs, and,
- help the City of Aztec achieve some level of energy resiliency.
“We’re thrilled,” Denver B. DeWees, Director for the City of Aztec, Electric Department, “With all the new federal funds coming out, we have this once-in-a-lifetime opportunity to participate in the clean energy transition. We’re looking forward to this project increasing energy reliability and resiliency and reducing energy burdens for our residents.”
News item from ICAST