NRG Energy

NRG Energy said it will sell as much as $4 billion in assets as it seeks to lower its debt and cut costs after a revolt by activist investors unhappy with the company’s direction. Shares of the company jumped 29% to a two-year high on July 12 after NRG announced the moves as part of […]

As Dynegy moved this week to assume full ownership of two struggling Ohio coal plants it co-owns with AES Corp. subsidiary DPL Inc., the company’s CEO reportedly said it is mulling withdrawing its presence from downstate Illinois owing to the state’s intervention to keep its nuclear plants running. Dynegy CEO Robert Flexon told Crain’s Chicago Business […]

Petra Nova—a commercial-scale post-combustion carbon capture project designed to remove more than 90% of the carbon dioxide (CO2) from a 240-MW slipstream of flue gas off of the W.A. Parish generating station in Fort Bend County, Texas—has been completed, according to project partners NRG Energy Inc. and JX Nippon Oil & Gas Exploration Corp. The […]

Plans to repower NRG Energy’s coal-fired 435-MW Dunkirk power plant near Buffalo, N.Y., to natural gas that have been stalled for years owing to a legal challenge may finally be revived. NRG Energy mothballed the four-unit plant in January 2016. The company had filed to mothball the facility nearly four years earlier, in March 2012, […]

NRG Energy has taken action to acquire 2.1 GW of utility-scale wind and solar assets owned by bankrupt renewables giant SunEdison with a $144 million auction bid this week. New Jersey–based NRG Energy on Sept. 12 executed a purchase and sale agreement (PSA) to take on 200 MW of SunEdison’s construction-ready, fully contracted solar assets […]

NRG Energy will pay $1 million in penalties, install environmental projects worth another $1 million, and complete costly upgrades under a consent decree it entered into with the state of Maryland to resolve wastewater discharge violations at two coal-fired power plants owned by its subsidiary GenOn. The settlement results from a June 2013 complaint Maryland […]

Misaligned mirrors at the Ivanpah Solar Electric Generating System in California caused electrical cables to catch fire about two-thirds of the way up the Unit 3 tower on May 19, according to several media reports of statements attributed to fire department personnel. The San Bernardino County (Calif.) Fire Department (SBCFD) reported on its Facebook page […]

NRG Energy has embarked on a “reset” that will see a separation of its core distributed generation and fossil fuel businesses.  The company, headquartered in Princeton, N.J., wants to “simplify” NRG Group to cut down expenses and debt. In a transition that will begin now and be fully effective on Jan. 1, 2016, it will separate […]

The western Arizona desert has become a popular location for constructing large solar projects. The sunshine is plentiful and there are large tracts of non-prime farmland available that make building