( Brett Coomer / Houston Chronicle )

NRG sells Illinois gas-fired plant as generator shifts strategy

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The deal comes as the Houston-based power generator seeks to streamline its operations and pay down debt.
Categories: Electricity, Natural gas
(Brendon Thorne/Bloomberg)

Texas wind and solar power could compete with fossil fuels in just a few years

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While Texas currently has very little solar power generation, there are several projects currently in development.
David Crane, president and chief executive officer of NRG Energy, Inc. ,  looks at Solar panels above a parking lot at Arizona State University in Tempe, Arizona Tuesday June 11, 2013. (Laura Segall/ Bloomberg News)

NRG Energy makes management shifts amid sinking stock

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NRG President and CEO David Crane bemoaned the “unabated selloff in our stock” earlier in November.
A dog is silhouetted as wind turbines manufactured by Gamesa Corp. stand at the Bharat Light & Power Ltd. Amberi wind farms in Rewalkawadi, Maharashtra, India, on Tuesday, Sept. 9, 2014. Prime Minister Narendra Modi's government in July restored a wind-farm tax benefit, which could propel wind installations to a three-year high of 2,600 megawatts in 2014, according to Bloomberg New Energy Finance. Photographer: Dhiraj Singh/Bloomberg

Planned Texas wind farm to power Owens Corning, Equinix

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Chicago-based Invenergy will build a new 300-megawatt Texas wind farm near Lubbock to power Owens Corning insulation and fiberglass giant and Equinix data center company.
Badar Khan, President & CEO, Direct Energy, speaks at the 2014 IHS CERAWeek conference in Houston, Texas, U.S., on Thursday, March 6, 2014. (F. Carter Smith/Bloomberg)

Direct Energy buys Panoramic Power energy management company

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The $60 million deal will help boost Direct’s offering to help businesses and industrial plants better manage and monitor their energy usage.
An employees stands for a photograph near wind turbines manufactured by Gamesa Corp. at the Bharat Light & Power Ltd. Amberi wind farms in Rewalkawadi, Maharashtra, India, on Tuesday, Sept. 9, 2014. Prime Minister Narendra Modi's government in July restored a wind-farm tax benefit, which could propel wind installations to a three-year high of 2,600 megawatts in 2014, according to Bloomberg New Energy Finance. Photographer: Dhiraj Singh/Bloomberg

Pattern Energy launches Texas wind farm with Walmart backing

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San Francisco-based Pattern Energy, which has its control center and offices in Houston, represents one of the more active players in the Texas wind power surge that has made the Lone Star state the nation’s leader in wind generation.
Oncor-Sale

TCAP Commentary: Why Oncor’s Ring Fence Matters

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The failure of the ring fence — the one created in 2007 — would have created uncertainty and instability with Oncor.
(Ken James/Bloomberg)

Struggling SunEdison in cost-cutting mode as it seeks profitability

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SunEdison quickly grew into the world’s largest renewable energy developer and is building a handful of solar and wind farms in West Texas and the Panhandle.
A 7-megawatt wind turbine, a pilot project led by Marubeni Corp. and funded by the Japanese government, stands at a port in Onahama, Fukushima prefecture, Japan, on Monday, June 22, 2015. The new turbine will join a smaller 2-megawatt model, which has been generating power at the project about 20 kilometers (12 miles) off the coast of Fukushima since November 2013. Photographer: Noriyuki Aida/Bloomberg

Clean Line Energy’s $2.5 billion wind power project poised for approval

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Houston-based Clean Line Energy is hoping to move forward next year with its $2.5 billion, 700-mile Plains & Eastern Clean Line transmission project to build power lines through Oklahoma, Arkansas and Tennessee to deliver 4,000 megawatts of wind power from the Oklahoma Panhandle area.
Part of a heat recovery steam generator at Calpine Corp.'s power generation plant in Deer Park, Texas, is pictured on Thursday, February 26, 2004. Calpine, which produces power in 21 U.S. states, had fourth-quarter profit of $119.6 million as it benefited from an accounting rule change. Photographer: F. Carter Smith/Bloomberg News

Austin Energy, PG&E join Calpine in court motion supporting Clean Power Plan

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Houston-based Calpine, Austin Energy, PG&E, Seattle City Light and London-based National Grid, which has a sizable U.S. presence, all filed the court motion together.