NRG Energy and eSolar just announced that El Paso electric has contracted them to build a solar power plant in Dona Ana county in New Mexico. The plant will be constructed and owned by NRG, and built with eSolar’s solar thermal technology per the agreement the two companies entered in February.
The Dona Ana plant is expected to be up and running by late 2011, and when completed it will produce 92 MW of solar … Read the rest
NRG Energy just announced that it purchased the development rights to 500 MW of solar projects that use eSolar’s solar technology. NRG plans to develop these projects and take them to completion. Here’s more from an open letter NRG issued to its shareholders:
While this acquisition does not represent a substantial upfront commitment of NRG capital—less than $10 million—it nonetheless signifies a meaningful step forward in NRG’s efforts to be a leader in solar development
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