Southwestern Power Group (SWPG) is developing the RioSol Transmission Line, an HVAC transmission line that will cover 557 miles through New Mexico and Arizona. The project represents a private capital investment and operational expenditures of over $2.4 billion. According to a report from Energy Economic & Environmental Consultants, the project will create 2,626 jobs during its construction and utilization. It is expected to create $1.17 billion in new economic activity in Arizona and New Mexico. Construction is set to start in 2026 and be completed in 2028. The financial benefits provided to New Mexico ($667 million) and Arizona ($506 million) will generate an estimated economic impact of $1 billion over the project’s construction and over $3 billion over its lifespan.
Solar Dominates US Energy Capacity Growth
The Federal Energy Regulatory Commission (FERC) has published data showing that solar accounted for over 75% of US electrical generating
