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240 MW Batteries (50 MW) + Solar Photovoltaic (190 MW) operating in Valencia, NM — Public Service Company of New Mexico
240 MW
Nameplate Capacity
2
Generators
units
Hybrid (2)
Technology
Batteries + Solar Photovoltaic
2024
Operating Since
Coordinates
34.7816, -106.7769
County
Valencia, NM
Nearby Plants
Owner data does not fully agree across sources.
EIA typically reports the operating utility, while GEM resolves to the financial owner or parent corporation. Both can be correct.
| Field | EIA | GEM | Wikidata |
|---|---|---|---|
| Operator | Sky Ranch Solar and Storage | NextEra Energy Inc | — |
| Owner(s) | Sky Ranch Solar and Storage | NextEra Energy | — |
| Status | Operating | operating | — |
Sky Ranch Solar is a 240 MW hybrid power plant located in Valencia County, New Mexico. The facility, which began operating in 2024, is owned by NextEra Energy and operated by Sky Ranch Solar and Storage. It utilizes both solar photovoltaic technology and battery energy storage. The plant consists of two generators and features single-axis solar tracking. The battery energy storage system (BESS) has a capacity of 200 MWh, with a duration of 4 hours and lithium-ion battery chemistry (LIB). Sky Ranch Solar is interconnected to the Public Service Company of New Mexico balancing authority within the Western Electricity Coordinating Council (WECC) NERC region.
The plant's latest annual generation was 500,482 MWh, resulting in a capacity factor of 23.8%. Sky Ranch Solar ranks as the 6th largest solar facility out of 15 in New Mexico, and 222nd out of 514 nationally. Financial data indicates that the plant has a power purchase agreement (PPA) price of $16.74 per MWh, according to data from Lawrence Berkeley National Laboratory (LBNL).
Generated from EIA, GEM, and public data sources
Grid Region
Mountain West
Market
WEIM Participant
NERC Region
WECC — Western Electricity Coordinating Council
Balancing Authority
29.3K MWh
Latest Month
500.5K MWh
Annual Generation
23.8%
Capacity Factor
Data from 2024
$16.7/MWh
PPA Price
$24.1/MWh
LCOE
This plant's balancing authority participates in CAISO's Western Energy Imbalance Market (WEIM). Direct nodal pricing data is not yet available.
Last updated 2026-04-19
View all articlesPublic Service Company of New Mexico (PNM)
Grid Voltage
115.0 kV
Regulatory Status
NR — Non-Regulated
Entity Type
Independent Power Producer
Sector
IPP Non-CHP
Top 10 solar states
Data tables and metrics from the powerplantsinfo.org database.