Former Enron Executives to Focus on PV and Wind Energy

New company to provide distributed generation services using advanced energy technologies to mid and small business.

Published: 31-Jan-2002

PHILADELPHIA, Pennsylvania, US, 2002-01-25 [SolarAccess.com] Several former senior executives of Enron have launched a new company that will be involved in solar PV, wind and green energy.

Celeren Corp will provide independent power generation and risk management energy services for smaller companies that have significant business growth opportunity, but which often are overlooked by large energy conglomerates, according to officials. The potential for small private power generation plants will help stabilize energy costs.

"Smaller, strategically located generating plants at or near customer facilities provide full customer control of electricity production," it explains. Distributed generation technology eliminates costly transportation and distribution charges, while power quality and degradation issues are avoided.

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