28 Jan '15, 4pm

NRG Energy to Build Community Solar Projects in Colorado

NRG Energy to Build Community Solar Projects in Colorado

SAN FRANCISCO -- NRG Energy Inc. will finance and build one of the nation’s largest community solar networks in Colorado as part of the company’s push into renewable energy. NRG, the largest U.S. independent power producer, will join with SunShare LLC for five projects in Denver and Colorado Springs that can produce a total of 8.2 megawatts, the companies said in a statement. Community solar projects allow homes and businesses that can't install panels to buy the power from a nearby project. “These types of programs, whether with homeowners, commercial businesses or municipalities, allow us to democratize participation in renewable power consumption,” NRG Senior Vice President Craig Cornelius said in a phone interview. NRG’s expansion into solar comes as its conventional fossil-fuel power business faces declining demand growth. Some consumers are opting for technologies th...

Full article: http://www.renewableenergyworld.com/rea/news/article/2015...

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