Today, NRG Energy, Inc. (NYSE: NRG), through its wholly owned subsidiary NRG Solar, announced the start of commercial operations for the Alpine Solar Generating Station, a 66 megawatt (AC) photovoltaic facility, currently the largest fully operational solar plant in California. The station’s electricity will be sold to Pacific Gas & Electric under a 20-year power purchase agreement.
“The Alpine Generating Station is the latest example of our success in developing solar projects that create construction jobs and meet the demands of local utilities for cost-competitive renewable sources of electricity,” said Randy Hickok, Senior Vice President of NRG Solar. “Large-scale solar generation like Alpine and other NRG solar sites provide clean energy during the hottest part of the day when it’s needed most, reducing our reliance on fossil fuels and the resulting carbon emissions.”
“Pacific Gas and Electric Company remains committed to providing our customers with a comprehensive portfolio of energy resources that incorporates all forms of cost-effective clean energy as California marches forward into a clean energy future,” said Fong Wan, Senior Vice President of Energy Procurement for Pacific Gas and Electric Company. “PG&E delivers some of the cleanest energy in the nation to our customers, more than half of which comes from sources which are carbon-free. The Alpine Solar Generating Station will help PG&E grow its clean energy portfolio and make progress towards California’s 33 percent renewable energy goal.”
Dennis Hunter, Deputy Director of Los Angeles County Public Works, said Alpine has been an exciting and rewarding project for the Department. “We appreciated the opportunity to work with the NRG team on the first operational utility-scale project in the unincorporated area of Los Angeles County. This is a new sector of construction permitting for us and the processes we developed with NRG will allow us to facilitate the permitting of similar projects in the future,” Hunter said.
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV