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NRG Energy, NRG Yield and SunPower Begin Commercial Operations at 250 MW California Valley Solar Ranch
— Utility-scale solar facility in
“Beyond offsetting carbon emissions and offering clean energy from one
of the world’s largest solar facilities, this project’s design takes a
leap forward by integrating the surrounding environment in a sustainable
manner,” said
CVSR received a federal loan guarantee for
The energy generated annually at CVSR is equivalent to that used by
100,000 homes. Using solar power avoids generating more than 336,000
tons of greenhouse gas emissions per year, or roughly equal to removing
63,500 cars from California’s roads, according to estimates provided by
the
“CVSR is now delivering 250 megawatts of cost-competitive solar power in
SunPower designed and provided engineering, procurement and construction
services for the project, which began in
At the CVSR site, the SunPower Oasis™ Power Plant was installed. This is a fully integrated, modular solar power block that is engineered to rapidly and cost-effectively deploy utility-scale solar projects while optimizing land use.
The project’s design and construction approach minimized impacts to the 4,700-acre CVSR site. Solar arrays cover only 30% of the total site, requiring minimal grading and water usage. Other beneficial features of the project include reseeding to promote vegetation recovery around the arrays and preserving wildlife migration pathways. Also, an abandoned gypsum mine on the site was cleaned and restored.
Community-focused efforts by CVSR resulted in the improvement and
cleanup of seven miles of public roads, numerous educational site tours
for local schoolchildren, and nearly
About
NRG is leading a customer-driven change in the U.S. energy industry by
delivering cleaner and smarter energy choices, while building on the
strength of the nation’s largest and most diverse competitive power
portfolio. A Fortune 500 company, we create value through reliable and
efficient conventional generation while driving innovation in solar and
renewable power, electric vehicle ecosystems, carbon capture technology
and customer-centric energy solutions. Our retail electricity providers
– Reliant,
About
About SunPower
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 CVSR solar project 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
Photos/Multimedia Gallery Available: http://www.businesswire.com/multimedia/home/20131031006341/en/
Source:
NRG
Media:
Jeff Holland, 760-710-3828
Jeff.holland@nrgenergy.com
or
Investors:
Chad
Plotkin, 609-524-4526
chad.plotkin@nrgenergy.com
or
SunPower
Media:
Ingrid
Ekstrom, 510-260-8368
Ingrid.Ekstrom@sunpower.com