NextEra on its ‘secret sauce’ for energy storage, 2 GW of solar+wind+storage, 10 GW of Florida solar, and more
NextEra’s earnings call showed why the company’s stock has gained greater than 50% in the past year, as it deployed 2.7 GW of new and repowered renewables, including 700 MWac of solar power and 340 MW/1.3 GWh of energy storage in 2019.
Nebraska utility approves plan to up state’s solar profile 2,000%
A 7-1 vote by the Omaha Public Power District has paved the way for up to 600 MW of utility scale solar to come to the state that boasts just under 30 MW to its name so far.
ITC extension hits the house, St. Louis going clean: pvMB 11/20/19
Hello wonderful readers and welcome to this week’s Hump Day morning brief. on this most wonderful of Wednesdays we have Target’s 500th rooftop installation, big procurement by Facebook and a NextEra project in South Carolina.
NextEra is on a roll
The largest wind and solar developer continues to grow, with more solar projects paired with storage as it reaches 5.3 GW of contracted solar projects. And it’s making good money at the same time.
San Francisco offers for PG&E electricity infrastructure, Urban Grid closes on $100 million: pvmb 9/9/19
Welcome back to the workweek and the pvMB. Today we’ll be taking a look at a collaboration between ArcVera Renewables, NRG Systems and Harness Energy, NextEra selling $1.5 bil in equity units, Sierra Club’s ad campaign calling out Duke Energy and more!
The bones of Skeleton Creek are coming together
NextEra has announced a power purchase agreement with Western Farmers Electric Cooperative for a combined 250 MW wind farm, 250 MWac solar farm, and 200 MW / 800 MWh of energy storage in Oklahoma.
Can Florida solar power cook a better duck?
The North Florida Resiliency Connection, a $400 million electricity transmission line that Gulf Power and Florida Power and Light hope to build between themselves, could also be used to take advantage of the state’s 40 minutes of extra daytime due to its size.
The biggest money is on wind, solar and storage at NextEra
NextEra’s 2019 Investor Presentation is 235 slides of deep information showing the forward-looking business plans of multiple business units (FPL, NextEra Partners, Gulf Power and NextEra). These include large volumes of solar, wind, storage and transmission – as well as ideas and projections on how these technologies will evolve over the next five-plus years.
Peaker envy, veto proof net metering, and utility scale solar growth in New Hampshire
Legislation calling for 15% of peak demand to be met by energy storage is moving through the House; a veto-proof increase in system sizes under net metering goes to the governor; and 215 MWac of large-scale solar projects are seeking various approvals.
NextEra: wind+solar+storage the “next phase” with 21 GW available
NextEra continues to show growth in both projects deployed and its pipeline of solar, wind and energy storage, with solar projects alone growing by 485 MWac.
