How New Mexico’s solar and renewable energy initiatives are changing the business landscape

The future of business in New Mexico is bright – especially in the solar and renewable energy sectors. The New Mexico State Land Office reports in fiscal year 2019 that it received more revenue from business activity than any year before, showing a potential revenue track of $1 billion. That includes a more than 1,300% revenue increase in solar energy lease payments compared to 2018, and a more than 400% increase in wind energy lease payments.

According to the Solar Energies Industries Association,…


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