NRG Energy Inc. (NRG)

[Bull Trader]

STILL RUNNING!! beast mode here.

[squashjohn]

Anyone here know if NRG owns or is connected with Oblong Industries (start up made famous thru the Ton Cruise movie - minority report)

[Bull Trader]

http://stockcharts.com/h-sc/ui?s=nrg

[Bull Trader]

agree

[~ Blue ~]

NGR is heading to 50 dollars

[Bull Trader]

BOOOOOOM!!!!!!http://investorshub.advfn.com/boards/read_msg.aspx?message_id=97601247

[Bull Trader]

looking nice here!

[Bull Trader]

that seems very reasonable

[JTROKS]

I think it will hit $50 PPS by end of year. What say you?

[Bull Trader]

i think this goes north of 30 in the coming days

[Bull Trader]

count me in this!!!! picked up a few k share starter today. http://gizmodo.com/the-worlds-largest-solar-plant-started-creating-electr-1521998493?utm_campaign=socialflow_gizmodo_facebook&utm_source=gizmodo_facebook&utm_medium=socialflow

[~ Blue ~]

<< THE FUTURE: SOLAR POWER PLANTS >>

THE MOST BEAUTIFUL NEWS: World’s Largest Solar Thermal Power Project at Ivanpah Achieves Commercial Operation

- All Three Units of 392 megawatt Ivanpah Solar Electric Generating System Now Delivering Solar Power to California’s Electric Grid -

NIPTON, Calif.--(BUSINESS WIRE)--Feb. 13, 2014-- NRG Energy, Inc. (NYSE:NRG), through its wholly owned subsidiary NRG Solar, LLC, today announced that the Ivanpah Solar Electric Generating System is now operational and delivering solar electricity to California customers. At full capacity, the facility’s trio of 450-foot high towers produces a gross total of 392 megawatts (MW) of solar power, enough electricity to provide 140,000 California homes with clean energy and avoid 400,000 metric tons of carbon dioxide per year, equal to removing 72,000 vehicles off the road.
A view of the Ivanpah Solar Electric Generating System tower 1 and power block from the solar field. ...

A view of the Ivanpah Solar Electric Generating System tower 1 and power block from the solar field. Each tower is 459 feet tall, 150 feet taller than the Statue of Liberty. (Photo: Business Wire)

This press release has an accompanying Smart Marketing Page providing further details about the organization, products and services introduced below. You can access the Smart Marketing Page via the following link: http://smp.businesswire.com/pages/worlds-largest-solar-thermal-power-project-ivanpah-achieves-commercial-operation.

Ivanpah is a joint effort between NRG, Google, and BrightSource Energy. Bechtel is the engineering, procurement, and construction contractor on the project. The project received a $1.6 billion loan guarantee from the US Department of Energy’s Loan Programs Office. The facility achieved commercial operation on December 31, 2013. NRG will be the plant’s operator.

Ivanpah, which accounts for nearly 30 percent of all solar thermal energy currently operational in the US, is the largest solar project of its kind in the world. The project is the first to use BrightSource’s innovative solar power tower technology to produce electricity, which includes 173,500 heliostats that follow the sun’s trajectory, solar field integration software and a solar receiver steam generator. Since breaking ground in October 2010, the project has created thousands of jobs and, at the peak of construction, employed nearly 3,000 site workers who completed more than 8.35 million man-hours. A total of approximately $650 million in salaries for construction and operations is expected to be paid over the next 30 years.

“Cleantech innovations such as Ivanpah are critical to establishing America’s leadership in large-scale, clean-energy technology that will keep our economy globally competitive over the next several decades,” said Tom Doyle, president, NRG Solar. “We see Ivanpah changing the energy landscape by proving that utility-scale solar is not only possible, but incredibly beneficial to both the economy and in how we produce and consume energy. Whether it’s partnering, developing or investing, NRG will continue to provide a diverse set of solutions and technologies to get the U.S. to the ultimate goal of providing affordable, reliable clean energy for everyone.”

“Achieving commercial operation is a result of a well-coordinated effort between the Ivanpah project affiliates and Bechtel,” said Toby Seay, president of Bechtel’s power global business unit. “Consistent teamwork with a focus on safety and quality is key to executing a project of this size and complexity. It was a privilege to be a part of an iconic project that will bring clean, sustainable power to tens of thousands of households for years to come.”

The solar energy harnessed from Ivanpah’s Units 1 and 3 are being sold to Pacific Gas & Electric under two long-term power purchase agreements, while the electricity from Unit 2 is being sold to Southern California Edison under a similar contract.

"Congratulations to the Ivanpah team for achieving commercial operation," said Rick Needham, Google's director of energy and sustainability. "At Google we invest in innovative renewable energy projects that have the potential to transform the energy landscape and help provide more clean power to businesses and homes around the world. Ivanpah is a shining example of such a project and we're delighted to be a part of it."

“This is an exciting culmination of many years of hard work by all of our partners at Ivanpah. The completion of this world-class project is a watershed moment for solar thermal energy. With all three units now delivering power to our customers’ specifications, BrightSource has demonstrated its solar power technology at scale,” said David Ramm, chairman and CEO of BrightSource Energy. “This is a great kickoff to 2014, as BrightSource focuses increasingly on international markets and applications for our solar steam technology.”

The Ivanpah Solar Electric Generating System is the largest of 11 operational utility-scale solar facilities in three states in which NRG has ownership interest. Ivanpah is also one of several NRG assets that are subject to a Right of First Offer Agreement between NRG and its publicly owned subsidiary, NRG Yield, Inc. (NYSE:NYLD).

About NRG and NRG Solar

NRG is leading a customer-driven change in the U.S. energy industry by delivering cleaner and smarter energy choices, while building on the strength of the nation’s largest and most diverse competitive power portfolio. A Fortune 500 company, we create value through reliable and efficient conventional generation while driving innovation in solar and renewable power, electric vehicle ecosystems, carbon capture technology and customer-centric energy solutions. Our retail electricity providers – Reliant, Green Mountain Energy, Energy Plus and NRG Residential Solutions – serve millions of residential and commercial customers throughout the country. More information is available at www.nrgenergy.com. Connect with NRG Energy on Facebook and follow us on Twitter @nrgenergy.

NRG, through its subsidiaries including NRG Solar LLC, has more than 2,000 MW of photovoltaic and solar thermal projects in operation, under construction or in development across the southwestern United States. More information is available at www.nrgsolar.com.

About BrightSource Energy, Inc.

BrightSource Energy, Inc. provides the world’s premier solar field technology for concentrating solar power systems to deliver reliable clean energy to utilities and industrial companies. For more information on BrightSource Energy please visit www.BrightSourceEnergy.com.

About Google Inc.

Google is a global technology leader focused on improving the ways people connect with information. Google’s innovations in web search and advertising have made its website a top internet property and its brand one of the most recognized in the world.

About Bechtel

Bechtel is among the most respected engineering, project management, and construction companies in the world. We stand apart for our ability to get the job done right—no matter how big, how complex, or how remote. Bechtel operates through five global business units that specialize in civil infrastructure; power generation, communications, and transmission; mining and metals; oil, gas, and chemicals; and government services. Since its founding in 1898, Bechtel has worked on more than 22,000 projects in 140 countries on all seven continents. Today, our 53,000 colleagues team with customers, partners, and suppliers on diverse projects in nearly 50 countries. Visit www.bechtel.com.

NRG Safe Harbor Disclosure

This news release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements are subject to certain risks, uncertainties and assumptions and include NRG’s expectations regarding the Company’s Ivanpah solar project and forward-looking statements typically can be identified by the use of words such as “will,” “expect,” “believe,” and similar terms. Although NRG believes that its expectations are reasonable, it can give no assurance that these expectations will prove to have been correct, and actual results may vary materially. Factors that could cause actual results to differ materially from those contemplated above include, among others, general economic conditions, hazards customary in the power industry, competition in wholesale power markets, the volatility of energy and fuel prices, failure of customers to perform under contracts, changes in the wholesale power markets, changes in government regulation of markets and of environmental emissions, and our ability to achieve the expected benefits and timing of our solar projects. NRG undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. The foregoing review of factors that could cause NRG’s actual results to differ materially from those contemplated in the forward-looking statements included in this news release should be considered in connection with information regarding risks and uncertainties that may affect NRG’s future results included in NRG’s filings with the Securities and Exchange Commission at www.sec.gov.

Photos/Multimedia Gallery Available: http://www.businesswire.com/multimedia/home/20140212006613/en/

Source: NRG Energy, Inc.

NRG
Media:
Jeff Holland, 760-710-3828
or
Investors:
Chad Plotkin, 609-524-4526

http://phx.corporate-ir.net/phoenix.zhtml?c=121544&p=irol-newsArticle_Print&ID=1899656&highlight=

[~ Blue ~]

THE MOST BEAUTIFUL NEWS: World’s Largest Solar Thermal Power Project at Ivanpah Achieves Commercial Operation

- All Three Units of 392 megawatt Ivanpah Solar Electric Generating System Now Delivering Solar Power to California’s Electric Grid -

NIPTON, Calif.--(BUSINESS WIRE)--Feb. 13, 2014-- NRG Energy, Inc. (NYSE:NRG), through its wholly owned subsidiary NRG Solar, LLC, today announced that the Ivanpah Solar Electric Generating System is now operational and delivering solar electricity to California customers. At full capacity, the facility’s trio of 450-foot high towers produces a gross total of 392 megawatts (MW) of solar power, enough electricity to provide 140,000 California homes with clean energy and avoid 400,000 metric tons of carbon dioxide per year, equal to removing 72,000 vehicles off the road.
A view of the Ivanpah Solar Electric Generating System tower 1 and power block from the solar field. ...

A view of the Ivanpah Solar Electric Generating System tower 1 and power block from the solar field. Each tower is 459 feet tall, 150 feet taller than the Statue of Liberty. (Photo: Business Wire)

This press release has an accompanying Smart Marketing Page providing further details about the organization, products and services introduced below. You can access the Smart Marketing Page via the following link: http://smp.businesswire.com/pages/worlds-largest-solar-thermal-power-project-ivanpah-achieves-commercial-operation.

Ivanpah is a joint effort between NRG, Google, and BrightSource Energy. Bechtel is the engineering, procurement, and construction contractor on the project. The project received a $1.6 billion loan guarantee from the US Department of Energy’s Loan Programs Office. The facility achieved commercial operation on December 31, 2013. NRG will be the plant’s operator.

Ivanpah, which accounts for nearly 30 percent of all solar thermal energy currently operational in the US, is the largest solar project of its kind in the world. The project is the first to use BrightSource’s innovative solar power tower technology to produce electricity, which includes 173,500 heliostats that follow the sun’s trajectory, solar field integration software and a solar receiver steam generator. Since breaking ground in October 2010, the project has created thousands of jobs and, at the peak of construction, employed nearly 3,000 site workers who completed more than 8.35 million man-hours. A total of approximately $650 million in salaries for construction and operations is expected to be paid over the next 30 years.

“Cleantech innovations such as Ivanpah are critical to establishing America’s leadership in large-scale, clean-energy technology that will keep our economy globally competitive over the next several decades,” said Tom Doyle, president, NRG Solar. “We see Ivanpah changing the energy landscape by proving that utility-scale solar is not only possible, but incredibly beneficial to both the economy and in how we produce and consume energy. Whether it’s partnering, developing or investing, NRG will continue to provide a diverse set of solutions and technologies to get the U.S. to the ultimate goal of providing affordable, reliable clean energy for everyone.”

“Achieving commercial operation is a result of a well-coordinated effort between the Ivanpah project affiliates and Bechtel,” said Toby Seay, president of Bechtel’s power global business unit. “Consistent teamwork with a focus on safety and quality is key to executing a project of this size and complexity. It was a privilege to be a part of an iconic project that will bring clean, sustainable power to tens of thousands of households for years to come.”

The solar energy harnessed from Ivanpah’s Units 1 and 3 are being sold to Pacific Gas & Electric under two long-term power purchase agreements, while the electricity from Unit 2 is being sold to Southern California Edison under a similar contract.

"Congratulations to the Ivanpah team for achieving commercial operation," said Rick Needham, Google's director of energy and sustainability. "At Google we invest in innovative renewable energy projects that have the potential to transform the energy landscape and help provide more clean power to businesses and homes around the world. Ivanpah is a shining example of such a project and we're delighted to be a part of it."

“This is an exciting culmination of many years of hard work by all of our partners at Ivanpah. The completion of this world-class project is a watershed moment for solar thermal energy. With all three units now delivering power to our customers’ specifications, BrightSource has demonstrated its solar power technology at scale,” said David Ramm, chairman and CEO of BrightSource Energy. “This is a great kickoff to 2014, as BrightSource focuses increasingly on international markets and applications for our solar steam technology.”

The Ivanpah Solar Electric Generating System is the largest of 11 operational utility-scale solar facilities in three states in which NRG has ownership interest. Ivanpah is also one of several NRG assets that are subject to a Right of First Offer Agreement between NRG and its publicly owned subsidiary, NRG Yield, Inc. (NYSE:NYLD).

About NRG and NRG Solar

NRG is leading a customer-driven change in the U.S. energy industry by delivering cleaner and smarter energy choices, while building on the strength of the nation’s largest and most diverse competitive power portfolio. A Fortune 500 company, we create value through reliable and efficient conventional generation while driving innovation in solar and renewable power, electric vehicle ecosystems, carbon capture technology and customer-centric energy solutions. Our retail electricity providers – Reliant, Green Mountain Energy, Energy Plus and NRG Residential Solutions – serve millions of residential and commercial customers throughout the country. More information is available at www.nrgenergy.com. Connect with NRG Energy on Facebook and follow us on Twitter @nrgenergy.

NRG, through its subsidiaries including NRG Solar LLC, has more than 2,000 MW of photovoltaic and solar thermal projects in operation, under construction or in development across the southwestern United States. More information is available at www.nrgsolar.com.

About BrightSource Energy, Inc.

BrightSource Energy, Inc. provides the world’s premier solar field technology for concentrating solar power systems to deliver reliable clean energy to utilities and industrial companies. For more information on BrightSource Energy please visit www.BrightSourceEnergy.com.

About Google Inc.

Google is a global technology leader focused on improving the ways people connect with information. Google’s innovations in web search and advertising have made its website a top internet property and its brand one of the most recognized in the world.

About Bechtel

Bechtel is among the most respected engineering, project management, and construction companies in the world. We stand apart for our ability to get the job done right—no matter how big, how complex, or how remote. Bechtel operates through five global business units that specialize in civil infrastructure; power generation, communications, and transmission; mining and metals; oil, gas, and chemicals; and government services. Since its founding in 1898, Bechtel has worked on more than 22,000 projects in 140 countries on all seven continents. Today, our 53,000 colleagues team with customers, partners, and suppliers on diverse projects in nearly 50 countries. Visit www.bechtel.com.

NRG Safe Harbor Disclosure

This news release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements are subject to certain risks, uncertainties and assumptions and include NRG’s expectations regarding the Company’s Ivanpah solar project and forward-looking statements typically can be identified by the use of words such as “will,” “expect,” “believe,” and similar terms. Although NRG believes that its expectations are reasonable, it can give no assurance that these expectations will prove to have been correct, and actual results may vary materially. Factors that could cause actual results to differ materially from those contemplated above include, among others, general economic conditions, hazards customary in the power industry, competition in wholesale power markets, the volatility of energy and fuel prices, failure of customers to perform under contracts, changes in the wholesale power markets, changes in government regulation of markets and of environmental emissions, and our ability to achieve the expected benefits and timing of our solar projects. NRG undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. The foregoing review of factors that could cause NRG’s actual results to differ materially from those contemplated in the forward-looking statements included in this news release should be considered in connection with information regarding risks and uncertainties that may affect NRG’s future results included in NRG’s filings with the Securities and Exchange Commission at www.sec.gov.

Photos/Multimedia Gallery Available: http://www.businesswire.com/multimedia/home/20140212006613/en/

Source: NRG Energy, Inc.

NRG
Media:
Jeff Holland, 760-710-3828
or
Investors:
Chad Plotkin, 609-524-4526

http://phx.corporate-ir.net/phoenix.zhtml?c=121544&p=irol-newsArticle_Print&ID=1899656&highlight=

[ernie44]

originally went to a med stock

MIR.v

and ended up here

anyway there seems to be a power struggle there too

[ciciagt]

Oct 18 (Reuters) - Power company NRG Energy Inc said on Friday it would pay $2.64 billion to acquire the assets of bankrupt unregulated power producer Edison Mission Energy, adding nearly 8,000 megawatts of coal, gas and wind generation to its business.
NRG's stock closed up 4.8 percent at $29.30 following the announcement. It reached $30.17 earlier in the session, its highest level since 2008.
http://finance.yahoo.com/news/nrg-buy-edison-mission-energy-192701477.html

[ciciagt]

September 13, 2013 7:07 P
Calif. turns to Mojave Desert for new era of green energy

(CBS News) MOJAVE DESERT -- From a distance it looks like a shimmering blue lake in the bleak Mojave Desert. But that mirage is really a mirror - 170,000 of them. They're called heliostats.

"The total project will power 140,000 California homes, so one way to look at it is one heliostat powers one home," says Tom Doyle, the CEO of NRG, the company heading this massive solar project.

"In fact, this is the largest concentrated solar thermal project in the world," Doyle said.

Conventional solar panels capture the sun's energy. These mirrors reflect it onto a 450-foot tall tower. Inside is a boiler which then heats to 1,000 degrees. Water is turned into steam that powers a turbine and creates electricity, which will likely be sent to Los Angeles and San Francisco.

Doyle says the project is displacing 400,000 tons per year of C02 by using solar energy in lieu of fossil fuel capacity.

The solar installation will help towards California's goal of getting one third of its electricity from renewable sources by 2020. But it's not cheap - this project cost $2.2 billion. It's privately funded by several companies including Google, which invested $168 million. The project is backed by a $1.6 billion federal loan guarantee and they lease the land from the government.

The land was also home to the desert tortoise, a protected species. It cost the project's backers $22 million to hire biologists, purchase conservation land and relocate about 200 tortoises into pens on the property. But they feel it's worth it because this type of solar plant could eventually be replicated in the desert Southwest and in the Middle East.

"So it's happening, it's real, and this really is today's technology from an energy perspective," Doyle said.

Technology that's no longer elusive even if it appears to be an illusion.
http://www.cbsnews.com/8301-18563_162-57602940/calif-turns-to-mojave-desert-for-new-era-of-green-energy/

[ECole]

Updating-Operational-Synergies


Read here
http://www.earningsimpact.com/Transcript/81754/NRG/Nrg-Energy%2c-Inc---Updating-Operational-Synergies

[TOUCAN]

marked

[exisnet]

NRG Energy, Inc. (NYSE: NRG) today announced that its Board of Directors declared a quarterly dividend on the Company’s common stock of 12 cents per share, or 48 cents per share on an annualized basis, an increase of 33% since the last quarterly dividend. The dividend is payable May 15, 2013 to shareholders of record as of May 1, 2013.

http://ih.advfn.com/p.php?pid=nmona&article=57243604

[exisnet]

Nice addition to the fleet...

The addition of what is, in effect, a six heat rate, fast start, gas-fueled plant at a significant discount to replacement cost is an invaluable addition to our Texas fleet, particularly at this time with market rules and supply conditions in Texas placing a premium on flexible operations,” said David Crane, President and Chief Executive Officer of NRG.

http://ih.advfn.com/p.php?pid=nmona&article=57063366&symbol=NRG

[exisnet]

NRG Energy Reduces Annual Loan Interest Expense by $12 Million

NRG Energy, Inc. (NYSE: NRG) has successfully repriced its $1.58 billion Term Loan B due 2018. The repricing includes a reduction of spread from 3.0% to 2.5% and a reduction in the LIBOR floor from 1.0% to 0.75%.

“The successful repricing of NRG’s term loan will result in annual interest expense savings of approximately $12 million and represents another significant step toward achieving at least $100 million in balance sheet efficiencies resulting from our recently completed merger with GenOn,” said Kirk Andrews, Chief Financial Officer.

About NRG

NRG is at the forefront of changing how people think about and use energy. We deliver cleaner and smarter energy choices for our customers, backed by the nation’s largest independent power generation portfolio of fossil fuel, nuclear, solar and wind facilities. A Fortune 300 company, NRG is challenging the U.S. energy industry by becoming the largest developer of solar power, building the first privately-funded electric vehicle charging infrastructure, and providing customers with the most advanced smart energy solutions to better manage their energy use. In addition to 47,000 megawatts of generation capacity, enough to supply nearly 40 million homes, our retail electricity providers – Reliant, Green Mountain Energy and Energy Plus – serve more than two million customers. More information is available at www.nrgenergy.com. Connect with NRG Energy on Facebook and follow us on Twitter @nrgenergy.

This news release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements are subject to certain risks, uncertainties and assumptions and include NRG’s expectations regarding interest savings and the anticipated benefits of the transaction between NRG and GenOn. Forward-looking statements typically can be identified by the use of words such as “will,” “expect,” “believe,” and similar terms. Although NRG believes that its expectations are reasonable, it can give no assurance that these expectations will prove to have been correct, and actual results may vary materially. Factors that could cause actual results to differ materially from those contemplated above include, among others, general economic conditions, hazards customary in the power industry, the ability to realize anticipated benefits of the transaction (including expected cost savings and other synergies) or the risk that anticipated benefits may take longer to realize than expected, and financial and economic market conditions. NRG undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. The foregoing review of factors that could cause NRG’s actual results to differ materially from those contemplated in the forward-looking statements included in this news release should be considered in connection with information regarding risks and uncertainties that may affect NRG’s future results included in NRG’s filings with the Securities and Exchange Commission at www.sec.gov.

http://ih.advfn.com/p.php?pid=nmona&article=56208824

[MrMiyagi3000]

hmmm...

[exisnet]

NRG and GenOn Complete Merger, Creating Nation’s Largest Competitive Power Generator

http://finance.yahoo.com/news/nrg-genon-complete-merger-creating-220000871.html

[exisnet]

NRG Energy and GenOn Energy Announce Early Termination of the Hart-Scott-Rodino Waiting Period

http://ih.advfn.com/p.php?pid=nmona&article=54264730&symbol=GEN

[exisnet]

DIVERSIFICATION AND SCALE
The combined company will become the largest competitive
power generation company in the U.S. with about 47,000 MW of
fossil, nuclear, solar and wind generation capacity across the merit
order with a significant presence in the Gulf Coast, Eastern and Western regions of the U.S.

http://www.nrgenergy.com/announcements/docs/Transaction%20Fact%20Sheet.pdf

[exisnet]

NRG and GenOn to Merge; Creating Largest Competitive Power Generation Company in the United States

http://ih.advfn.com/p.php?pid=nmona&article=53549975&symbol=GEN

[exisnet]

CREATING A PLATFORM TO BECOME THE
FIRST TRULY 21ST CENTURY ENERGY COMPANY

http://www.nrgenergy.com/announcements/docs/Transaction%20Fact%20Sheet.pdf

[exisnet]

NRG Energy merge with GenOn

http://www.nrgenergy.com/

[Penny Roger$]

~ Tuesday! $NRG ~ Earnings posted, pending or coming soon! In Charts and Links Below!

~ $NRG ~ Earnings expected on Tuesday *
Want more like this? Search Keyword: MACMONEY >>> http://tinyurl.com/MACMONEY <<<
One or more of many earnings sites has alerted this security has or will be posting earnings on or around the day of this message.








http://stockcharts.com/h-sc/ui?s=NRG&p=D&b=3&g=0&id=p88783918276&a=237480049




http://stockcharts.com/h-sc/ui?s=NRG&p=W&b=3&g=0&id=p54550695994



~ Google Finance: http://www.google.com/finance?q=NRG
~ Google Fin Options: hhttp://www.google.com/finance/option_chain?q=NRG#
~ Yahoo! Finance ~ Stats: http://finance.yahoo.com/q/ks?s=NRG+Key+Statistics
~ Yahoo! Finance ~ Profile: http://finance.yahoo.com/q/pr?s=NRG
Finviz: http://finviz.com/quote.ashx?t=NRG
~ BusyStock: http://busystock.com/i.php?s=NRG&v=2


<<<<<< http://www.earningswhispers.com/stocks.asp?symbol=NRG >>>>>>



http://investorshub.advfn.com/boards/post_prvt.aspx?user=251916

*If the earnings date is in error please ignore error. I do my best.

[chmcnfunds]

GCL and NRG form new solar company

06. FEBRUARY 2012 |

INDUSTRY & SUPPLIERS, MARKETS & TRENDS | BY: BECKY STUART

China-based GCL-Poly Energy Holdings Limited and U.S. company NRG Solar LLC have established a new solar company, Sunora Energy Solutions 1 LLC. Each party owns 50 percent.

GCL-Poly has been supplying its photovoltaic equipment to NRG.
GCL-Poly

Under the new joint venture (JV) announced today, NRG says it will to develop photovoltaic projects using GCL-Poly’s photovoltaic system equipment and its racking technologies. The goal is to "substantially enhance the financial returns of the projects".

Since the start of the fourth quarter of 2011, GCL has supplied NRG with 70 megawatts (MW) worth of photovoltaic equipment. In a statement released, it was added, "GCL-Poly may have an opportunity to provide NRG Solar 200 MW of PV equipment for each year until end of 2014."

The parties declined to provide any further information rearding the new company or its planned projects.
_____________________________________________
http://www.pv-magazine.com/news/details/archive/2012/february/beitrag/gcl-and-nrg-form-new-solar-company_100005684/

NRG

[chmcnfunds]

Favorable Environmental Assessment Boosts Plans for Offshore Wind Farms in Atlantic
Friday, February 3, 2012

By Alan Kovski

WASHINGTON, D.C.—A leasing program for wind farms in designated areas off the coasts of New Jersey, Delaware, Maryland, and Virginia will have no significant environmental impact, according to an environmental assessment by the Interior Department's Bureau of Ocean Energy Management.

The finding eases the way for a program of lease auctions for offshore wind energy sites. Interior Secretary Ken Salazar, at a Feb. 2 news conference in Baltimore with Maryland Gov. Martin O'Malley (D), said Interior wants to auction leases off the coast of Maryland during 2012.

Had the environmental assessment led to an expectation of significant impact, Interior would have had to write a more elaborate environmental impact statement, which could have taken two years. But observers had anticipated the finding of no significant impact. (See related story; 21 WCCR, 2/1/12.)

“We now know which areas off Maryland are going to be available for lease in a relatively short space of time,” O'Malley said. Explaining his interest in offshore wind energy, he said, “This is the largest renewable energy source in our state.”

The environmental assessment does not guarantee that Interior will not need to produce an environmental assessment or even an environmental impact statement for any individual project, but it does at least leave open the possibility that no further assessment will be needed.

Concerns Raised About Bureaucratic Speed

The pace of federal, state, and corporate action on offshore wind energy was a central issue for Salazar and O'Malley. Both men praised President Obama for stepping up the pace of government agency activity in advancing the prospects for building wind turbines on the Outer Continental Shelf.

“No developer should have to wait nine or 10 years to get a lease,” Salazar said, alluding to the time it had taken for Cape Wind Associates LLC to win approval for a 130-turbine project off the Massachusetts coast. That project, the first offshore wind farm approved for U.S. waters, still has some obstacles to overcome before construction begins. (See related story; 251 WCCR, 12/28/11.)

Another project had advanced as far as having a contract for the sale of power from a wind farm that would be built off the coast of Delaware. But that project, Bluewater Wind, was put on hold indefinitely in December. NRG Energy Inc., parent firm for Bluewater Wind, said it was unable to find an investment partner and was terminating its power purchase agreement with Delmarva Power & Light Co. (See related story; 58 WCCR, 3/24/11.)

Salazar and O'Malley also said their optimism about offshore renewable energy was buoyed by a proposal for an undersea power transmission “backbone,” a reference to the Atlantic Wind Connection, which could connect a string of offshore wind farms to onshore transmission networks. A decision by Interior on whether to grant a right-of-way for that proposal, by developer Atlantic Grid Development LLC, is due within months. (See related story; 247 WCCR, 12/20/11.)

Sen. Frank Lautenberg (D-N.J.) issued a statement praising Interior for completing the environmental review. Lautenberg said the initiative “will help New Jersey become a national leader in wind energy innovation.”

Document Notice, Call for Nominations

An Interior notice on the availability of the environmental assessment was scheduled for publication in the Feb. 3 Federal Register. The environmental assessment is to be posted on an Interior web page, at http://www.boem.gov/Renewable-Energy-Program/Smart-from-the-Start/Index.aspx.

Interior also issued a call for information and nominations for commercial leases on the Outer Continental Shelf off the coast of Maryland. That notice, too, was scheduled for publication in the Feb. 3 Federal Register.

The notice is being used not only to solicit lease nominations but also to request comments from interested and affected parties regarding site conditions, resources, and multiple uses of the identified area.

The area stretches from 10 miles to 23 miles east of Ocean City, Md. It also stretches about 13 miles from its northern edge to its southern edge.

For More Information

For more information on the environmental assessment completed for a program of wind farm leases off the mid-Atlantic coast, contact Michelle Morin, Bureau of Ocean Energy Management, at [phone] or [e-mail].

For more information on the call for information and nominations for commercial leases off the coast of Maryland, contact Aditi Mirani, Bureau of Ocean Energy Management, at [phone].
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http://www.bna.com/favorable-environmental-assessment-n12884907619/

NRG

[chmcnfunds]

Interior moves closer to Atlantic wind leasing
By Ben Geman - 02/02/12 01:36 PM ET
The Interior Department has completed an environmental study that gives potential Atlantic Coast wind power development a clean bill of health, bringing the department a step closer to selling leases for waters off several states.

Interior said its analysis of plans to sell leases in regions off Maryland, Virginia, Delaware and New Jersey found there would be “no significant environmental and socioeconomic impacts.”

The department touted the environmental review’s completion as a major step toward tapping huge wind energy resources off the coast, which Interior Secretary Ken Salazar has called a priority.

“Offshore wind holds incredible potential for our country, and we’re moving full-steam ahead to accelerate the siting, leasing and construction of new projects,” Salazar said in a statement.

Interior also moved a step closer to issuing leases by formally soliciting information from wind developers about their interest in specific tracts off Maryland and Virginia, a process that has already occurred for Delaware and New Jersey.

Interior hopes to sell leases off the coasts of New Jersey and Maryland by the end of this year, and off the Virginia coast early next year.

Offshore wind projects in the United States have been slow to get going compared to Europe.

But a number of companies are exploring commercial wind development off the mid-Atlantic Coast, such as Apex Wind Energy, Inc., NRG Bluewater Wind, Fisherman’s Energy, Deepwater Wind and others.

Further along is Energy Management Inc., which is planning to build the long-delayed Cape Wind project off the Massachusetts coast. It was approved under an earlier regulatory process.

The American Wind Energy Association, a major trade group, applauded the environmental finding, calling it a “significant milestone in efforts to launch a vital new American offshore wind industry.”

A separate corporate group, called the Offshore Wind Development Coalition, said Interior’s “finding of no significant impact” is far more than just bureaucratic jargon.

“The [finding] has the potential to reduce the permitting time line for offshore wind farms by as much as two years, as compared to a requirement that the agency prepare an Environmental Impact Statement (EIS) for these [wind energy areas], which would require two years of studies and government reviews,” said Jim Lanard, the group’s president.

The Obama administration’s strategy calls for deployment of 10 gigawatts of offshore wind generating capacity by 2020 and 54 gigawatts by 2030 (targets that include both state and federal waters off both coasts, the Gulf of Mexico and other regions).

Fifty-four gigawatts would be enough to power more than 15 million average homes, according to the Energy Department.

Environmental groups and several Atlantic Coast lawmakers cheered Interior’s environmental finding. Sen. Frank Lautenberg (D-N.J.) said wind development could boost his state’s economy.

“This initiative will help New Jersey become a national leader in wind energy innovation by welcoming business leaders and homegrown clean-energy jobs,” he said. “With our natural resources, workforce and research institutions, New Jersey is a fertile place to grow a strong wind energy economy.”

The environmental analysis completed by Interior’s Bureau of Ocean Energy Management was a broad study, and more environmental review will be needed for specific projects.

Here’s more from Interior about Thursday’s announcement:

The agency prepared an environmental assessment of the potential impacts of issuing renewable energy leases, including reasonably foreseeable consequences associated with site characterization activities, such as geophysical, geotechnical, archeological and biological surveys in the Wind Energy Areas off Maryland, Virginia, New Jersey and Delaware. The environmental assessment also considered potential environmental impacts associated with site assessment activities, such as the installation and operation of meteorological towers and buoys on leases that may be issued in these areas.
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http://thehill.com/blogs/e2-wire/e2-wire/208305-interior-moves-closer-to-atlantic-wind-leasing

NRG

[chmcnfunds]

Offshore wind announcement today to target Va., Del., Md., N.J.

By: ASSOCIATED PRESS | Richmond Times Dispatch
Published: February 02, 2012

BALTIMORE _ Interior Secretary Ken Salazar is heading to Baltimore to announce what department officials say is a major step toward developing wind energy off the coasts of Maryland, Delaware, Virginia, and New Jersey.

Details of today's announcement were not released, but Salazar said in a speech to the American Wind Energy Association in October that the agency had nearly completed environmental impact assessments for the nation's second offshore wind power lease. Those plans hit a snag late last year when NRG Energy said it had ended a contract with Delmarva Power because of financing problems at its Bluewater Wind subsidiary.

The Mid-Atlantic lease proposal follows the Cape Wind project in Massachusetts that was given the go-ahead in 2010 after years of federal review. That project is still in development.
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http://www2.timesdispatch.com/news/2012/feb/02/offshore-wind-announcement-today-target-va-del-md--ar-1658431/

NRG

[chmcnfunds]

Doji Space analysis of NRG:

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NRG Stock Analysis
NRG - NRG Energy, Inc listed on NYSE.
NRG - Sector: Utilities, Industry: Electric Utilities.
NRG gained 5.03% on 01/25/12.
NRG is trading in the range of $16.06 - $18.87 in the past 30 days.
Average True Range (Atr) indicates the volatility has increased for NRG.
Commodity Channel Index (CCI) is bullish for NRG.
NRG formed a bullish Price & Exponential Moving Average Crossover signal.
NRG formed a bullish Price & Simple Moving Average Crossover signal.
Average volume decrease over 5% for NRG.
Stock performance base on day of week in the past 90 days.
Monday: -5.79%
Tuesday: 0.60%
Wednesday: -6.81%
Thursday: -4.42%
Friday: -4.65%
Next Earnings Release Date: 02/20/12.
Our rating on the stock: BULLISH with a score of 4/5.
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http://www.dojispace.com/stock-picks/nrg-energy-stock-price-NRG.aspx

NRG

[chmcnfunds]

Reliant and Houston Technology Center Extend Electricity Supply and Sponsorship Agreement

HOUSTON, Jan. 25, 2012 /PRNewswire via COMTEX/ --

The Houston Technology Center (HTC) announced it has chosen Reliant, an NRG company, as its official electricity supplier for another two years. The extended agreement includes a $100,000 sponsorship from the electricity company to help further expand HTC's mission of accelerating the growth of emerging technology companies in the Houston region. As the official electricity supplier, Reliant will power HTC's two building campus at 410 Pierce Street in midtown Houston.

"We are excited to continue our partnership with Reliant. The company's generous support is significant in helping spur innovation among growing technology companies in the greater Houston area," said Walter Ulrich, President & CEO of the Houston Technology Center. "We appreciate having a solid partner like Reliant whose values align with ours."

"HTC is an incredible asset to the Houston economy and we are pleased to support and be part of their efforts," said Jason Few, Reliant President and NRG Executive Vice President & Chief Customer Officer. "Expanding and creating jobs for the area creates tremendous positive benefits that our community will reap for years to come."

In addition to aiding HTC's general efforts to support emerging technology businesses in Houston, executives from Reliant and its parent company NRG Energy lend expertise and critical support to HTC's energy acceleration program. The program helps energy technology entrepreneurs in the region by providing strategic and tactical management advice.

Also, NRG recently announced an additional $25,000 donation specifically to help advance the effort between HTC and NASA Johnson Space Center to foster entrepreneurial opportunities to the transitioning workforce in and around the Galveston Bay area. Reliant and NRG have contributed $175,000 over the last year to support emerging technology in the region through the work of HTC.

About Reliant: Reliant provides electricity, energy services and smart energy solutions to more than 1.5 million retail customers including homes, businesses, manufacturing facilities, government entities and institutions in Texas, Delaware, the District of Columbia, Illinois, Maryland, Massachusetts, New Jersey and Pennsylvania. As part of NRG, Reliant is backed by a Fortune 500 company that is at the forefront of changing how people think about and use energy. NRG is a pioneer in developing cleaner and smarter energy choices for its customers and its diverse power generating facilities can support over 20 million homes nationwide. For more information about Reliant products and services, visit www.reliant.com .

About Houston Technology Center: Named by Forbes as one of "Ten Technology Incubators Changing the World," the Houston Technology Center, a 501(c)(3) nonprofit organization, is a business accelerator and the largest technology business incubator in Texas, advancing the commercialization of emerging technology companies in the greater Houston area. As a catalyst for change, economic growth and development, HTC's focus is to assist entrepreneurs within several key sectors: energy, information technology, life sciences, nanotechnology, and NASA/aerospace. For more information visit www.HoustonTech.org or connect with HTC on Facebook, LinkedIn or Twitter @HouTechCenter.



Contacts: Houston Technology Center
Maggie Joplin
832.476.9235
Reliant
Pat Hammond
713.537.2157



SOURCE Houston Technology Center

Copyright (C) 2012 PR Newswire. All rights reserved
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http://www.marketwatch.com/story/reliant-and-houston-technology-center-extend-electricity-supply-and-sponsorship-agreement-2012-01-25

NRG

[chmcnfunds]

Notable Call Options Activity in NRG Energy
By Michael J. Zerinskas
Benzinga Staff Writer

January 25, 2012 9:55 AM

Shares of NRG Energy (NYSE: NRG [FREE Stock Trend Analysis]) are higher on the session by 0.15%, currently trading at $16.52. The stock has been moving largely lower over the past three months and is currently trading below the 50-day moving average.

Options traders are focusing on calls today. The strike seeing the heaviest volume is the March 2012 $17.00 call, which has traded 2,690 times on open interest of 2,640 contracts.

The majority of the action stems from a 2,032 contract block, purchased at $0.60.

Calls are outpacing puts today by 34 to 1.

NRG Energy, Inc. is a wholesale power generation company. In June 2010, NRG acquired a pipeline of solar development projects from US Solar Ventures, which is an affiliate of Arclight Capital Partners, LLC.

(c) 2011 Benzinga.com. All rights reserved. This material may not be published in its entirety or redistributed without the approval of Benzinga.

Read more: http://www.benzinga.com/markets/options/12/01/2288389/notable-call-options-activity-in-nrg-energy#ixzz1kUwzizcl
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NRG

[chmcnfunds]

Looks to me as if the bottom is found and the indicators are now positive:

NRG - Daily Candlesticks



NRG

[jhnvtjll]

I got in today.

[chmcnfunds]

NRG Energy Stock Getting Very Oversold
Energy Stock Channel, Contributor

1/24/2012 @ 11:53AM |156 views

In trading on Tuesday, shares of NRG Energy Inc (NYSE: NRG) entered into oversold territory, changing hands as low as $16.24 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on a scale of zero to 100. A stock is considered to be oversold if the RSI reading falls below 30.

In the case of NRG Energy Inc, the RSI reading has hit 29.2 — by comparison, the universe of energy stocks covered by Energy Stock Channel currently has an average RSI of 52.5, the RSI of WTI Crude Oil is at 46.0, and the RSI of Henry Hub Natural Gas is presently 36.2.

Click here to find out which 9 other oversold energy stocks you need to know about, at DividendChannel.com »

A bullish investor could look at NRG’s 29.2 reading as a sign that the recent heavy selling is in the process of exhausting itself, and begin to look for entry point opportunities on the buy side.

Looking at a chart of one year performance (below), NRG’s low point in its 52 week range is $16.06 per share, with $25.66 as the 52 week high point — that compares with a last trade of $16.27. NRG Energy Inc shares are currently trading off about 2.2% on the day.

According to the ETF Finder at ETF Channel, NRG makes up 3.06% of the First Trust Utilities AlphaDEX Fund ETF (AMEX: FXU) which is trading lower by about 0.9% on the day Tuesday.
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http://www.forbes.com/sites/energystockchannel/2012/01/24/nrg-energy-stock-getting-very-oversold/

NRG

[chmcnfunds]

NRG Will Buck Natural Gas Glut
January 20, 2012

The natural gas glut, so ably discussed here by SA's Roger S. Conrad, is dominating the 52-week low list.

All sorts of drillers and developers are on the list. But the most interesting name may be NRG Energy (NRG).

That's because NRG isn't a driller. It's the driller alternative. NRG builds, sells, and trades electrical power, much of it in the form of solar power. At its current price of about $16.40, it's trading at a PE of about 14, south of IBM (IBM) and north of Microsoft (MSFT).

What makes NRG a bargain is the renewable fuel halo. Corporate electricity users like Starbucks (SBUX) and Kohl's (KSS) buy "green energy credits" that represent the difference between market prices for electricity and NRG's costs, which they use to claim "no carbon footprint."

It's not a government subsidy, but in the market it's just as good as one. This "energy credit" business is why Berkshire Hathaway's (BRK.A) MidAmerican Energy Holdings has been quite happy to go into business with NRG, buying into its Agua Caliente plant in California.

NRG is not a charity. It canceled a Delaware wind project recently because it couldn't make the numbers work. But MidAmerican has enabled it to go ahead with another wind project in Illinois.

In addition to wind and solar, NRG has bets on biofuels. That's a tough business so it's not going alone. BP (BP), GE (GE), Google Ventures (GOOG) and ConocoPhilips (COP) are all among its partners in CoolPlanet Biofuels, which recently demoed what it calls "negative carbon gasoline" - the "waste" from its production process can actually sequester carbon.

Maybe this cellulosic ethanol project is the next big thing. Maybe it isn't. NRG's downside is limited, and look at the names it has in its Rolodex now. It also knows how to spin the media, rolling out a "smart home on wheels" during CES. And that's one of its brand names, Reliant, on the Houston Texas' stadium.

All this adds up to the highest earnings per share growth rate in the independent power production industry. And you can get it on sale.

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.
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http://seekingalpha.com/article/320926-nrg-will-buck-natural-gas-glut

NRG

[panmunjomi]

NRG abandons reactor construction

http://www3.nhk.or.jp/daily/english/20_21.html

[OilStockReport]

Warren Buffett sold, will you?

NRG Energy (NRG): Buffett sold all of his stake in this company by selling 6 million shares at an average price of $21.84 in Q3 2010.

In 2010, revenues shrunk by 1.15% to $8.84 billion, and GAAP EPS collapsed by 46.51% to $1.84. The profit margin also worsened to 31.37% from 40.54%. The next earnings release is on May 5. For the first quarter 2011, analysts estimate NRG will earn $0.15 per share, a decrease of 31.84% over the prior year first quarter results. For the first quarter 2011, analysts estimate NRG will generate revenues of $2.1 billion, a decrease of 6.84% over the prior year first quarter results. The company also has a debt to equity ratio of 1.25.

We estimate a low single digit decline in revenues for 2011 due to continued pressure on power prices. Also, the continued development of the Marcellus shale will keep downward pressure on natural gas prices, which in turn hurts peak power prices. For good reason, NRG shares trade well above our fair value estimates. This is a loser, folks. Buy solar or oil company stocks, instead.

NRG Energy is Fortune 500 and S&P 500 Index company that owns and operates one of the country’s largest and most diverse power generation portfolios. Headquartered in Princeton, NJ, the company’s power plants provide 25,000 MW of generation capacity, which is enough to supply nearly 20 million homes. NRG’s retail businesses, Reliant Energy and Green Mountain Energy Company, combined serve more than 1.8 million residential, business, commercial and industrial customers. With investments in solar, wind and nuclear power, as well as electric vehicle infrastructure, NRG is working to help America transition to a clean energy economy.

[OilStockReport]

NRG is an oversold stock in my opinion. It has a market cap of $5.05B. RSI(14) at 33.5. EPS has grown by 34.81% over the past 5 years, with EPS growth projected at 9.00% over the next 5 years. Sales have grown by 33.59% over the past 5 years. Short float at 4.68%, which implies a short ratio of 4.57 days. The stock has lost -15.52% over the last year.

[OilStockReport]

Carl Icahn is adding to his APC position and is equally bullish on energy, Here are the energy stocks he's into:

Anadarko Petroleum (NYSE: APC): 2 million shares

NRG Energy (NYSE: NRG): 2.37 million shares

Ensco (NYSE: ESV): 240,000 shares

Chesapeake Energy (NYSE: CHK): 12.74 million shares