New Mexico, traditionally known for its oil and gas production, is emerging as a significant player in the renewable energy sector, backed by governmental initiatives and private investments.
and tenth in wind energy potential. The government of New Mexico hopes to advance the region’s role in clean energy and expects renewable energy leasing to be significant in the coming years.
The Arcosa plant is expected to provide 250 new jobs in a region that is high in poverty. Biden explained, “What Arcosa is doing here is part of a much broader clean energy manufacturing boom, it’s going to happen in big cities and rural communities as well.” Arcosa, an , received $1.1 billion in new wind tower orders following the passing of the Inflation Reduction Act last summer, which allowed for the construction of a new plant.
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