What was once the largest solar power plant of its type in the world appears headed for closure just 11 years after opening.

PG&E has determined it can save ratepayers money by backing out of PPAs it signed with the Ivanpah Solar Electric Generating Facility.

Two units at the massive solar power plant near Primm, Nevada will shut down in the coming years as a deal with a California utility winds down.NRG Energy and P

Case in point: the Ivanpah solar project. Maybe you’ve seen the unsightly, blindingly bright towers while traveling from L.A. to Las Vegas, in the Mojave Desert near the California-Nevada state line. Maybe you’ve read about birds getting fried to death as they fly through the sunlight directed to the tops of the towers by fields of mirrors.

Another pervasive myth about renewables is that they won’t be able to support a lot more electric vehicles, induction stoves, and heat pumps plugging into the grid. But here, too, California busts the myth: Between 2023 and 2024, demand on the state’s grid during the study period actually dropped by about 1 percent.

NRG Energy Inc. closed 9.00% short of its 52-week high of $115.38, which the company reached on January 22nd.

The landmark Ivanpah solar energy plant along Interstate 15 near the Nevada-California border is past its prime, left in the desert dust as more efficient technology is producing power cheaper these days.

The solar power generating facility that can be seen from Interstate 15, just across the state line from Primm, is set to partially shut down, according to NRG Energy. The Ivanpah Solar Electric Generating Facility is shutting down two-thirds of its plant after Pacific Gas and Electric Company terminated its power purchase agreement with NRG Energy,

Valued at $22.8 billion by market cap, NRG Energy, Inc. (NRG) engages in the production, sales and delivery of energy and energy products & services to residential, industrial and commercial ...

In a report released today, David Arcaro from Morgan Stanley maintained a Hold rating on NRG Energy (NRG – Research Report), with a price

With battery-powered cars, windmills, and solar farms California hopes to shrink its carbon footprint to nothing. But some see a downside.

Although the Inflation Reduction Act's 45V tax credit was critical to its formation, the new utility hopes to avoid dependence on the federal incentive.