February 17, 2026New Mexico small businesses developing clean energy technology have until March 17 to apply for state grants worth up to $1 million — funding that has already helped 12 companies commercialize their innovations.Governor Michelle Lujan GrishamCabinet...
Pacific Fusion pursues locating $1B research facility in Albuquerque
July 16, 2025ALBUQUERQUE — The New Mexico Economic Development Department and Pacific Fusion announced today that the company has signed a memorandum of understanding with the state to pursue the siting of a research and development facility in Albuquerque.
$3.3 million awarded to support New Mexico’s advanced energy industry
May 2, 2025SANTA FE — The New Mexico Economic Development Department (EDD) announced that five advanced energy companies were awarded $3.3 million through the state’s Advanced Energy Award Pilot Program to support innovation and commercialization.
Advanced Energy Award Pilot Program now accepting applications
January 8, 2025SANTA FE, N.M. — Applications are now being accepted for the Advanced Energy Award Pilot Program from the New Mexico Economic Development Department.
State Announces First C-Pace Financing in Santa Fe
October 28, 2024SANTA FE, N.M. – The New Mexico Economic Development Department (EDD) announced today that New Mexico’s first financing under a new program to boost clean and sustainable investments in commercial properties has closed on a historic property in Santa...
State Awards $3.4 Million in Inaugural Round of Advanced Energy Grant Pilot Program
May 13, 2024ALBUQUERQUE, N.M. – The New Mexico Economic Development Department (EDD), through its Office of Strategy, Science and Technology (OSST), has awarded $3.4 million in competitive grant funding to seven New Mexico companies in the inaugural round of the...
New Mexico C-PACE Program launches website, statewide program administrator in place
May 6, 2024SANTA FE, N.M. – The Economic Development Department (EDD), in partnership with statewide program administrator Adelante Consulting Inc., has launched a website for the state’s Commercial Property Assessed Clean Energy (C-PACE) Program.
New Mexico Economic Development Department Finalizes Energy Transition Act Awards
April 12, 2024FARMINGTON, N.M. – The New Mexico Economic Development Department (EDD) has finalized awards from the Energy Transition Economic Development Assistance Fund to four projects that will diversify the economy and create jobs unrelated to fossil fuel...
EDD launches award for advanced energy innovation and commercialization
October 30, 2023SANTA FE, N.M. – The New Mexico Economic Development Department (EDD) today launched the New Mexico Advanced Energy Award Pilot Program, a new state grant focused on supporting technology growth and commercialization in advanced energy technologies.
EDD Welcomes Kayla Lucero-Matteucci as Just Transition Advisor
October 26, 2023SANTA FE, N.M. – New Mexico Economic Development Department Deputy Secretary Jon Clark announced today that Kayla Lucero-Matteucci has joined the department as the new Just Transition Advisor to spearhead the state’s initiatives in support of a...