What was once the largest solar power plant of its type in the world appears headed for closure just 11 years after opening.
PG&E has determined it can save ratepayers money by backing out of PPAs it signed with the Ivanpah Solar Electric Generating Facility.
Two units at the massive solar power plant near Primm, Nevada will shut down in the coming years as a deal with a California utility winds down.NRG Energy and P
Case in point: the Ivanpah solar project. Maybe you’ve seen the unsightly, blindingly bright towers while traveling from L.A. to Las Vegas, in the Mojave Desert near the California-Nevada state line. Maybe you’ve read about birds getting fried to death as they fly through the sunlight directed to the tops of the towers by fields of mirrors.
NRG Energy Inc. closed 9.00% short of its 52-week high of $115.38, which the company reached on January 22nd.
The solar power generating facility that can be seen from Interstate 15, just across the state line from Primm, is set to partially shut down, according to NRG Energy. The Ivanpah Solar Electric Generating Facility is shutting down two-thirds of its plant after Pacific Gas and Electric Company terminated its power purchase agreement with NRG Energy,
The landmark Ivanpah solar energy plant along Interstate 15 near the Nevada-California border is past its prime, left in the desert dust as more efficient technology is producing power cheaper these days.
Valued at $22.8 billion by market cap, NRG Energy, Inc. (NRG) engages in the production, sales and delivery of energy and energy products & services to residential, industrial and commercial ...
Investors with a lot of money to spend have taken a bearish stance on NRG Energy NRG. And retail traders should know. We noticed this today when the trades showed up on publicly available options ...