Prosperity Works and Chaberton to Develop Over 28 MW of New Mexico Solar

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HOUSTON, TEXAS (Editors  at Energy Analytics Institute, 28.Jan.2025) — Seizing on the newly open community solar market in New Mexico, Prosperity Works and Chaberton Energy started development on 1 project, with 4 additional projects awaiting approval.

The 2 organizations have aligned on community solar development based on shared values of supporting communities in need. Prosperity Works is a New Mexico nonprofit that sees community solar as one of the levers that can put money back in the pockets of low-income families, the companies said 28 Jan. 2025 in a joint statement.

Utility costs are often burdensome to low-income families because they can account for 30% of their monthly income. Families then have to choose to pay their electric bill before getting food, medical care, or other basic needs. Community solar can help families lower their energy burden so they can use their money for other necessities.

Future site of the Lake Jody community solar farm being developed by Prosperity Works and Chaberton Energy.

The project now under development is called Lake Jody in Deming, N.M. It will have an electricity generating capacity of a 2.8 megawatt direct current (MWdc), which is enough electricity to power the equivalent of 650 New Mexico households. Lake Jody is in the PNM service territory, and anyone in that territory will be able to subscribe to the project. It will serve 50% low-income subscribers at a 30% discount.

The 4 projects on the waiting list are in Alamogordo, Belen, Lordsburg and Silver City in central and southwestern New Mexico, all are also in the PNM service territory. They have a combined electric generating capacity of 28 MWdc.

These projects are part of the New Mexico Community Solar Program, initiated under the Community Solar Act and signed into law in April 2021 by Governor Michelle Lujan Grisham. Overall, the state plans to add 500 MW of community solar.

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By Editors at Energy Analytics Institute. © 2025 Energy Analytics Institute (EAI). All Rights Reserved.

ENERGY ANALYTICS INSTITUTE (EAI) https://energy-analytics-institute.org

Energy Analytics Institute (EAI), formerly LatinPetroleum.com, is a Houston-established private organization with a satellite presence in Calgary, Mexico City and Venezuela where it operates under Editores LatinPetroleum SA. Since 1999, EAI has been a leader in energy news coverage of Latin America in particular. Coverage, run out of Latin America, now spans the world and encompasses nearly all energy and energy-related sectors.

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