NRG Energy Completes Collaborative Solar Project to Sell Community Clean Energy to 2,200 California Homes
June 13 2014 - 7:00AM
Business Wire
—NRG and Boeing team up with San Diego State
University’s Center for Energy Sustainability to build solar power
facility—
NRG Energy, Inc. (NYSE:NRG) one of the nation’s largest
renewable energy developers, today introduced the NRG Community 1
Solar Generating Facility. Through an innovative, community focused
program – among the first of its kind in the United States – the
project was developed by Sol Orchard in collaboration with the
Center for Energy Sustainability at San Diego State University’s
(SDSU) Imperial Valley Campus.
NRG Energy Community 1 Solar Facility
(Photo: Business Wire)
The Imperial Irrigation District will purchase all energy
generated by the facility, under a 25-year power purchase
agreement, and sell it at a competitive rate to interested
customers through a community solar program. The inventive system
design follows a similar NRG community solar installation in
Rutland, Vermont and puts low-cost clean energy within reach of the
Imperial Irrigation District’s consumers. This program creates a
unique option for homes and facilities that may not be ideal
candidates for rooftop systems while ensuring that renewable energy
reaches as many consumers as possible.
The Boeing Company provided engineering, procurement and
construction (EPC) for the Community 1 project marking completion
of its first solar power plant for NRG. Boeing and NRG are also
currently building the 25.65 megawatt (MW ac) Dandan Solar
Facility, which will be the first solar power plant on the island
of Guam, with an expected completion date later this year.
The six megawatt Community 1 solar facility covers nearly 37
acres of land owned by SDSU and has more than 25,000 modules, which
will generate enough emission-free electricity to power
approximately 2,200 homes at full capacity. Additionally, it will
reduce emissions and lower the demand on the southern California
electricity grid.
“At NRG, we challenge the status quo, joining forces with the
best to push the industry on innovation and new design, all with
consumer needs in mind,” said Randy Hickok, senior vice president,
NRG. “We’re truly excited to empower the Imperial Irrigation
District’s community solar program which brings pioneering spirit
and clean technology to their customers while doing something that
will help ensure the future of our planet.”
“Clean, affordable and secure power is important around the
world,” said Tim Noonan, vice president, Ventures, part of Boeing
Defense, Space & Security. “Boeing relied on its strong supply
chain management, systems engineering, program management and
performance-based logistics to build the Community 1 solar power
plant. We look forward to scaling collaboration on future projects
with our partners at NRG.”
About NRG
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 250 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 serve almost 3 million
residential and commercial customers throughout the country. More
information is available at www.nrgenergy.com. Connect with NRG
Energy on Facebook and follow us on Twitter @nrgenergy.
About Boeing Defense, Space and Security
A unit of The Boeing Company, Boeing Defense, Space &
Security is one of the world's largest defense, space and security
businesses specializing in innovative and capabilities-driven
customer solutions, and the world’s largest and most versatile
manufacturer of military aircraft. Headquartered in St. Louis,
Boeing Defense, Space & Security is a $33 billion business with
56,000 employees worldwide. Follow us on Twitter:
@BoeingDefense.
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
Community 1 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
renewable 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 Securities and
Exchange Commission at www.sec.gov.
Photos/Multimedia Gallery Available:
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Media:NRGJeff Holland,
760-710-3828Jeff.Holland@NRGEnergy.com
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