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NRG Energy, SunPower Energize First 22 Megawatts of 250-Megawatt California Valley Solar Ranch
Huge solar project creates hundreds of jobs and starts generating clean, renewable electricity
CVSR is one of the largest central station photovoltaic solar plants in
the world. It has created approximately 350 jobs since construction
started in
Once completed, CVSR will power a yearly average of 100,000 homes with
clean, renewable solar energy, while protecting and conserving more than
12,000 acres of land in and around the
“The private sector’s role is to demonstrate successful performance that
speeds commercialization of technology—on time and on budget—and that’s
what we’re doing at CVSR and all of NRG’s major solar projects,” said
NRG is the sole owner of the project, which is expected to be fully
online by
“We congratulate NRG and SunPower on this important milestone at the
“We are very pleased that CVSR is now delivering 22 megawatts of
cost-competitive solar power in
“The companies have worked very hard with county staff, resource
agencies, environmental organizations and the local community to
construct a renewable energy facility while protecting the unique and
sensitive landscape of the
NRG has four large-scale solar plants fully or partially operational and
three other projects currently under construction across
About NRG and NRG Solar
NRG is at the forefront of changing how people think about and use
energy. A Fortune 500 company, NRG is a pioneer in developing cleaner
and smarter energy choices for our customers: whether as one of the
largest solar power developers in the country, or by building the first
privately funded electric vehicle charging infrastructure or by giving
customers the latest smart energy solutions to better manage their
energy use. Our diverse power generating facilities can support over 20
million homes and our retail electricity providers—Reliant,
Safe Harbor Disclosure
This news release contains forward-looking statements within the meaning
of Section 27A of the Securities Act of 1933 and Section 21E of the
Securities Exchange Act of 1934. Such forward-looking statements are
subject to certain risks, uncertainties and assumptions and include
NRG’s expectations regarding the
NRG undertakes no obligation to update or revise any forward-looking
statements, whether as a result of new information, future events or
otherwise. The foregoing review of factors that could cause NRG’s actual
results to differ materially from those contemplated in the
forward-looking statements included in this news release should be
considered in connection with information regarding risks and
uncertainties that may affect NRG’s future results included in NRG’s
filings with the
About SunPower
SunPower’s Forward-Looking Statements
This press release contains forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995.
Forward-looking statements are statements that do not represent
historical facts and may be based on underlying assumptions. SunPower
uses words and phrases such as "expected," "will" and similar
expressions to identify forward-looking statements in this press
release, including forward-looking statements regarding (a) the
construction schedule and budget; (b) energy production; and (c)
SunPower building, operating and maintaining the power system. Such
forward-looking statements are based on information available to
SunPower as of the date of this release and involve a number of risks
and uncertainties, some beyond SunPower’s control, that could cause
actual results to differ materially from those anticipated by these
forward-looking statements, including risks and uncertainties such as:
(i) construction difficulties or potential delays, including obtaining
land use rights, permits, license, other governmental approvals, and
transmission access and upgrades, and any litigation relating thereto;
(ii) the risk of continuation of supply of products and components from
suppliers; (iii) unanticipated problems with deploying the system on the
site; and (iv) other risks described in SunPower’s Annual Report on Form
10-K for the year ended
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Source:
NRG:
Media:
Lori Neuman, 609-524-4525
Dave
Knox, 713-537-2130
or
Investors:
Chad Plotkin,
609-524-4526
Stefan Kimball, 609-524-4527
or
SunPower:
Media:
Ingrid
Ekstrom, 510-260-8368
iekstrom@sunpowercorp.com
or
Investors:
Bob
Okunski, 408-240-5447
bokunski@sunpowercorp.com