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NRG Commits $300M to BrightSource Energy’s Ivanpah Project

NRG Energy plans to invest as much as $300 million for an undisclosed stake in BrightSource Energy’s 392-megawatt Ivanpah solar project, located in California�s Mojave Desert. Over the next three years NRG could invest up to $100 million a year in the project.

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BrightSource Ivanpah Project Gets Federal Nod

The Interior Department’s U.S. Bureau of Land Management (BLM) has approved BrightSource Energy’s 392-megawatt Ivanpah solar thermal power plant in the Mojave Desert.

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