Ameresco completes Energy Efficiency upgrades at New Mexico Institute of Mining and Technology

July 21, 2022
: Upgrades include a 666.8 kW-DC solar photovoltaic covered parking and are expected to result in $540,000 annually in energy savings

Ameresco installed several renewable and energy efficient technologies that could save New Mexico Institute of Mining and Technology millions of dollars and reduced emissions.

The upgrades, part of Ameresco’s 20-year upkeep agreement with the mining school, include the construction of a 666.8 kW-DC solar photovoltaic covered parking, equipment level direct digital control upgrades, chiller plant controls optimization, building scheduling and controls optimization as well a variable flow chilled water system pumping. The upgrades are expected to save more than $540,000 annually in energy savings at the university and improve sustainability efforts.

The upgrades will also improve the reliability of its facility operations and the quality of learning and research environments at the facility.

“New Mexico Tech has a strong science and technology education and research mission that includes an emphasis on resource sustainability and energy efficiency,” said Dr. Cleve McDaniel, Vice President for Administration and Finance at New Mexico Tech. “Our work with Ameresco to dramatically reduce our campus energy usage and costs fits perfectly with our mission. This project was truly a collaborative effort and we very much appreciated Ameresco’s knowledge and effective implementation of state-of-the art solutions that have enabled us to better serve our campus and community.”

This project had already been in Ameresco’s previously reported backlog and was fully recognized as revenue prior to the end of Q1 2022.