NRG acquires Solar Power Partners

NRG says that in addition to the 30 MW pipeline, it has secured the development rights to Solar Power’s "extensive" pipeline of development projects across the U.S. A spokesperson for NRG could not provide any further details with regards to the size of this pipeline, however.

It is also unknown at what stage the projects in the pipeline are, or if a timeline has yet been identified for their execution.

"With California’s goal to install 12,000 megawatts of distributed generation by 2020, and the increase in smart energy choices American businesses are demanding, this acquisition will place NRG at the head of the pack as the solar industry moves toward smaller solar projects that connect directly to the grid,"commented Tom Doyle, NRG president.

According to a statement released, Solar Power Partners has completed almost 50 commercial solar facilities.