Tuesday, PNM said it reached a contract with First Solar (FSLR) to construct 22 megawatts AC of utility scale photovoltaic solar power plants in New Mexico. First Solar said it would construct the facilities using its advanced PV panels at five separate sites within PNM's service territory. The sites would be chosen based on cost, availability and suitability of land; the quality of a site's solar potential; environmental and permitting considerations; and level of local support.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.