www.strategyeye.com
30th September 2009
New Jersey-based NRG Energy plans to develop a 10MW solar farm in Houston. The photovoltaic plant, to be located at an existing NRG Energy facility, is expected to cost USD40m and will create around 100 jobs. The development remains subject to approval by the Houston City Council. If given the go ahead, the facility is scheduled for completion in the middle of next year. NRG Energy claims the solar farm could meet 6% of Houston's electricity demand.
Earlier this year, the firm invested USD10m in eSolar. As part of the deal, NRG Energy also received development rights to three of the Californian startup's solar thermal projects, which are expected to have a combined capacity of up to 500MW. In June, NRG Energy penned a deal to supply electricity from a solar thermal plant to Pacific Gas and Electric. The plant is scheduled for completion in 2012.
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