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NRG Solar Achieves Commercial Operation of Two Solar PV Projects in California
–
“Credit goes to
The two solar PV facilities are located in
“NRG’s investment in these projects is a clear demonstration of solar’s
ability to attract capital from well-established strategic investors,”
said
During their first year of operation, the projects are expected to generate enough clean solar power to offset the electricity use of roughly 11,800 average U.S. homes over a year at peak daytime capacity.
The two projects are part of eleven large-scale photovoltaic solar
facilities owned by NRG that currently produce clean solar power for
thousands of homes and businesses throughout three states. The other
nine completed, or partially completed, plants are
About NRG and NRG Solar
NRG is at the forefront of changing how people think about and use
energy. We deliver cleaner and smarter energy choices for our customers,
backed by the nation’s largest independent power generation portfolio of
fossil fuel, nuclear, solar and wind facilities. A Fortune 500 company,
NRG is challenging the U.S. energy industry by becoming the largest
developer of solar power, building the first privately-funded electric
vehicle charging infrastructure, and providing customers with the most
advanced smart energy solutions to better manage their energy use. In
addition to 47,000 megawatts of generation capacity, enough to supply
nearly 40 million homes, our retail electricity providers – Reliant,
NRG 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 Company’s Kansas South and TA-High
Desert solar projects and forward-looking statements typically can be
identified by the use of words such as “will,” “expect,” “believe,” and
similar terms. Although NRG believes that its expectations are
reasonable, it can give no assurance that these expectations will prove
to have been correct, and actual results may vary materially. Factors
that could cause actual results to differ materially from those
contemplated above include, among others, general economic conditions,
hazards customary in the power industry, competition in wholesale power
markets, the volatility of energy and fuel prices, failure of customers
to perform under contracts, changes in the wholesale power markets,
changes in government regulation of markets and of environmental
emissions, and our ability to achieve the expected benefits and timing
of our electric vehicle projects. 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
Source: NRG
NRG:
Media:
Jeff Holland, 760-710-3828
or
Investors:
Chad
Plotkin, 609-524-4526
or
Recurrent Energy:
Cate
Powers, 415-501-9533