NextEra Energy Inc. has applied to build transmission lines that would carry electricity from new wind turbines off the coast of New York. The company, which calls itself the world’s biggest generator of wind and solar power, filed proposals with the regional grid operator, the New York Independent System Operator. NextEra’s plan would support new […]
NextEra Aims to Buy More U.S. Power Lines to Fuel Renewable Push
NextEra Energy Inc. wants to buy more power lines to tap into rising demand for renewable energy, weeks after closing a $660-million deal for such transmission wires. “We are very excited about opportunities in transmission,” Chief Financial Officer Rebecca Kujawa said Wednesday in an earnings call after the world’s biggest wind and solar energy provider […]
NextEra Inks $733 Million Wind Purchase in Latest Green Deal
NextEra Energy Inc. agreed to acquire four wind farms from Brookfield Renewable Partners LP for $733 million in the energy giant’s biggest purchase since 2019. The wind turbines have combined output of almost 400 megawatts and have long-term sales contracts for their power, NextEra said in a statement on Monday. Three are in California and […]
NextEra doubles down on renewables as energy transition gathers steam
The company’s shares have tripled in the last five years, boosting the its value to around $170 billion, nearly as much as that of oil major Chevron Corp NextEra Energy Inc, the world’s largest producer of wind and solar energy, said on Tuesday it would invest more in renewable power generation, hoping to make the […]
NextEra plans massive solar project for Johnson County
The project is notable not only for its size, but because it would include energy storage.Read More.. Source : bizjournals
AWEA Introduces New Trade Group, the American Clean Power Association
SEIA, the national solar trade group, will remain distinct, though it will work with the new organization on some issues. The largest wind trade group in the U.S. announced Friday it will officially broaden its mission beyond wind as part of a newly-formed industry group. The American Wind Energy Association, which advocated for that industry […]
NextEra Energy to Build Its First Green Hydrogen Plant in Florida
Largest U.S. renewables generator “really excited” about green hydrogen, reveals plans for $65 million pilot plant for Florida Power & Light. NextEra Energy is closing its last coal-fired power unit and investing in its first green hydrogen facility. Through its Florida Power & Light utility, NextEra will propose a $65 million pilot in the Sunshine […]
5 Wind Energy Giants Embracing Solar Power
More heavyweight wind developers are betting big on solar. Here are five to watch in the decade ahead. Onshore wind is now the leading renewable energy technology in the U.S., and it’s still knocking competitors out of the way. Last year wind overtook hydropower in total generation, and 2020 is on track to be a […]
NextEra and Southern Company Rank as Largest Solar Owners Outside China
The global solar market is growing rapidly but remains highly fragmented, Wood Mackenzie says. NextEra Energy is the largest owner of solar PV capacity outside China, in a “highly fragmented” global market, according to a new ranking from Wood Mackenzie. NextEra has long dominated the U.S. wind market, where its 15-gigawatt base of installed capacity […]
‘Cheaper Than a Peaker’: NextEra Inks Massive Wind+Solar+Storage Deal in Oklahoma
NextEra will build a combined 700 megawatts for an electric cooperative group in a landmark deal for the hybrid renewables sector. NextEra Energy Resources seems intent on proving that triple hybrid plants can work in the U.S. market. The powerhouse renewables developer contracted this week with Oklahoma-based Western Farmers Electric Cooperative to build the largest […]