Construction will be further supported by a US$10 million commitment from the New Mexico Economic Development Department (NMEDD), in the form of Local Economic Development Act (LEDA) funds, grants provided by the state government to support local businesses. The city of Albuquerque, the state’s largest, will provide an additional US$1 million in LEDA finance.
“We are excited to support Ebon Solar with the approval of their Industrial Revenue Bonds application,” said District 2 commissioner Steven Michael Quezada. “This project represents the type of advanced renewable energy manufacturing I want in my district, Bernalillo County, and our state. Bringing over 900 new jobs to central New Mexico is a significant win for our region.”
Ebon Solar first announced plans for the project in August, and this will be the company’s first involvement in the solar sector. While it has not detailed the technical specifications of its…
