NextEra Builds Out Renewables, Sets Sights on Green Hydrogen
January 26, 2023--Researched by Industrial Info Resources (Sugar Land, Texas)--NextEra Energy Incorporated (NYSE:NEE) (Juno Beach, Florida) doesn't seem content to sit on its laurels in regard to project activity and is consistently at work on new undertakings and adding steadily to its backlog of renewable energy projects. After placing thousands of megawatts of power generation into service last year, the company continues to implement new renewable energy projects across the U.S. and is setting its sights on a new endeavor: green hydrogen.
Last year two of NextEra's primary subsidiaries, Florida Power & Light Company (FPL), its Florida utility, and NextEra Energy Resources, its nationwide renewable energy arm, added more than 5,000 megawatts (MW) of renewables and energy storage into service. And the company's not stopping there. NextEra Energy Resources' renewables and storage backlog now stands at about 19 gigawatts.
Other companies featured: First Solar Incorporated (NASDAQ:FSLR), Linde (NYSE:LIN)
