Clearway Energy Group has been formed from NRG’s renewable energy businesses and SunPower’s project pipeline.
The U.S. power giant is embracing a business plan that includes selling 50-100% of its renewables business and yieldco NRG Yield as part of a massive unloading of assets and investments.
Despite a challenging financial environment, NRG continues its solar expansion, including an increasing presence in community solar.
The U.S. power giant shifted 2.5 GW of solar and wind projects to its internal operations and maintenance team in 2016, and is planning on sending another 900 MW in-house this year.
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