I really want to know if David Crane is happy, confused or upset. NRG Energy announces a whopping loss of over $19 per share or $6billion net loss. That’s a crushing blow to Crane’s portfolio of stock. My guess is that the following announcement may be even more confusing or upsetting. NRG Energy will be reintegrating NRG Renew into the company. NRG solar has large scale and distributed generation exposure. If going green was the plan, why was Crane fired; that’s the question I’d like an answer to now.
- Nasdaq: NRG Energy Posts Hefty Loss, Reintegrates NRG Renew – Cuts Annual Dividend
- Bloomberg: Tepper Seeks Fast-Track Trial in $1.9 Billion Solar Fight
- Greenbiz: Companies are getting creative about clean energy
- Rocky Mountain Institute: Top 10 Reasons Why Solar PV Has Reached Escape Velocity
- Utility Dive: Montana-Dakota Utilities drops demand charge push after deal with solar advocates
- PV-Tech: Parent company owes Hanergy Thin Film over US$630 million
- Greentech Media: Report – Consumers’ Growing Appetite for Solar, Storage and Bundled Home Energy Services
- CleanTechnica: MENA Region To See 4 GW Solar Power Tenders This Year
Opinion
Have a great day!
Yann