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70 MW Solar operating in Chaves, NM
70 MW
Nameplate Capacity
1
Generators
unit
Solar Photovoltaic
Technology
2016
Operating Since
Coordinates
40.0944, -89.4181
County
Chaves, NM
Nearby Plants
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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 | Chaves Solar LLC | NextEra Energy | — |
| Owner(s) | Chaves Solar LLC | NextEra Energy | — |
| Status | Operating | operating | — |
Chaves Solar, LLC is a 70 MW solar photovoltaic power plant located in Chaves County, New Mexico. The plant began operating in 2016 and has one generator. It is owned and operated by Chaves Solar LLC, a subsidiary of NextEra Energy. The facility utilizes single-axis tracking to maximize solar energy capture. Chaves Solar is ranked as the 7th largest solar plant in New Mexico out of 84, and 1017th nationally out of 7108.
The plant's primary fuel source is the sun. In its latest year of reported generation, Chaves Solar produced 154,745 MWh of electricity, achieving a capacity factor of 25.2%. The plant operates within the Southwest Power Pool (SPP) balancing authority and the Midwest Reliability Organization (MRO) NERC region. Financial data indicates a power purchase agreement (PPA) price of $41.64 per MWh, based on data from Lawrence Berkeley National Laboratory (LBNL).
Generated from EIA, GEM, and public data sources
ISO/RTO
SPP
Market
ISO/RTO Member
NERC Region
MRO — Midwest Reliability Organization
Balancing Authority
Southwest Power Pool (SWPP)
Grid Voltage
115.0 kV
Regulatory Status
NR — Non-Regulated
Entity Type
Independent Power Producer
Sector
IPP Non-CHP
Monthly net generation as reported to EIA-923 — useful for historical context. Confidence varies sharply by fuel type; the band above and the “About this data” button explain the caveats specific to this plant and how InfraSure’s in-house model handles them.
7.3K MWh
Latest Month
154.7K MWh
Annual Generation
25.2%
Capacity Factor
Forward-looking generation outlook with probabilistic ranges across weather, demand, and policy scenarios. Powered by InfraSure's generation modeling stack.
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Historic financial signal for this asset — PPA, LCOE, market value where reported. The base for forward bankability and insurance analytics on the InfraSure platform.
Data from 2016–2024
$36.3/MWh
Energy Value
$26.2/MWh
Capacity Value
Forward revenue, DSCR bands, and refinancing risk projected under price, demand, and policy scenarios. Powered by InfraSure's asset cashflow stack.
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Point of Interconnection
Nearest Substation
Chaves Solar Farm Sub · 115 kV
Substation Distance
0 km
Coord Source
OSM spatial
Market Position
ISO/RTO Market
SPP
LMP Node
SPS.CHAVES.SLR
Pricing Hub
SPPSOUTH_HUB
Location Type
Settlement Location
Node Source
Curated node match
No wholesale contracts disclosed in FERC EQR for this plant.
FERC EQR captures bilateral wholesale energy + capacity contracts ≥$1M/yr filed quarterly by jurisdictional sellers — covers renewable PPAs, thermal energy sales agreements, capacity contracts, and tolling agreements alike. Many plants don't appear: regulated-utility output flows to ratepayers via cost-of-service rather than bilateral contracts; small projects fall below the filing threshold; tax-equity-financed renewables route offtake to investors not utilities; merchant plants sell into ISO clearing markets without bilateral contracts. News-extracted buyer facts (below) may surface contracts disclosed only through announcements.
Last updated 2026-03-26
View all articlesForward forecasts, scenario decomposition, and risk-decision tooling for this asset.