This past week NRG Energy, one of the most forward looking energy companies, made two big announcements. First it announced yesterday (March 28) that it purchased Roof Diagnostics Solar, a residential solar installer, then today it announced that it now has 1.2 gigawatts of solar power producing energy in the U.S.—that’s enough solar energy to power about 1 million homes, the company said.
NRG, to be sure, isn’t constrained in the ways some other energy companies, particularly utilities, are. As such it’s been purchasing solar projects across the country in addition to wind projects that it’s been purchasing. And it’s been growing quickly.
Since the end of 2012 its portfolio of solar thermal and photovoltaic (PV) projects has more than doubled. That’s because some of its biggest projects, like the 392 megawatt Ivanpah Solar Electric Generating System (SEGS) came online earlier this year.
“The completion of our most ambitious projects yet, and the commercial availability of the clean power they produce, clearly positions NRG as one of the largest and most progressive companies in the energy space today,” said Tom Doyle, president of subsidiary NRG Solar. “As we look forward to 2014 and beyond, we’ll continue to help reshape the US energy landscape with our thriving renewable energy portfolio, as well as looking at more opportunities outside the US.”
But the company isn’t just looking at doing solar on the utility-scale, it’s also working on residential and commercial solar installations. With the purchase of New Jersey’s Roof Diagnostics Solar, the company is bolstering its presence in the rooftop solar space. “Backed by the tremendous resources, capabilities and commitment of NRG, Roof Diagnostics can greatly increase the growth we have achieved since starting operations in 2011,” said Roof Diagnostics Solar CEO Kelcy Pegler. He will continue to lead RDS for NRG.
NRG has already offered residential solar in certain markets as well as solar canopies. But the purchase of Roof Diagnostics Solar will help it grow those services quicker under its NRG Residential Solar Solutions brand.
“With the price of residential solar increasingly competitive with the retail price of power in multiple states, the time is now for NRG to ramp up its efforts to bring the benefit of self generation to NRG’s millions of present and future retail electricity customers,” said David Crane, CEO of NRG Energy. “Roof Diagnostics Solar, its management and all of its dedicated employees are a perfect fit with NRG as together we take a big step towards a national residential solar business platform.”
“With residential solar sales expected to take off in the next few years, NRG wants and expects to meet the demand of Americans in every state who are seeking to benefit from the inexhaustible supply of clean energy provided by the sun,” Crane said.Tweet