New Mexico Sun

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New Mexico awards $3.3 million to energy firms in pilot program

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Steve Graham, New Mexico Film Office Director | New Mexico Economic Development Department

The New Mexico Economic Development Department (EDD) announced on May 2, 2025, that $3.3 million has been granted to five companies in the advanced energy sector. The funding comes through the state's Advanced Energy Award Pilot Program and is aimed at promoting innovation and commercialization in the industry.

The announcement underscores New Mexico's efforts to support and advance its energy sector through state-backed financial assistance.

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