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Researched by Industrial Info Resources (Sugar Land, Texas)--Renewable solar and wind power projects enjoy a great deal of support across the U.S., according to a recent Gallup poll. Electricity-generating companies will add about 20 gigawatts (GW) of capacity to the grid in 2015, most of which will come from renewable energy sources, according to the U.S. Energy Information Administration (EIA) (Washington D.C.).
Recently, NextEra Energy Resources (Juno Beach, Florida), a subsidiary of NextEra Energy (NYSE:NEE) (Juno Beach), signed an agreement with Hanwha Q CELLS Company Limited (NASDAQ:HQCL) (Seoul, South Korea), under which Hanwha Q CELLS will supply 1.5 GW of solar photovoltaic modules. Hanwha's plants in Malaysia and South Korea manufacture the modules. NextEra will use the modules in North American projects.
In February, NextEra announced the commercial completion of the Desert Sunlight solar photovoltaic power facility in California. The 550-megawatt (MW) facility, valued at more than $1.5 billion, is one of the largest in the world.
Industrial Info is tracking 48 NextEra Energy power projects in North America, including 10 solar projects valued at $6.42 billion, and 18 wind projects valued at $4.29 billion.
In North America, Industrial Info is tracking 256 solar power projects with a combined value of $50.81 billion. California has the largest share of solar projects.
Industrial Info is also tracking 637 North American wind power projects that are valued at $192.38 billion. Texas has the largest share of wind projects.
Duke Energy's (NYSE:DUK) (Charlotte, North Carolina) 2015 Ten-Year Site Plan calls for the company to expand utility-scale solar generation in Florida by 500 MW by 2024.
The U.S. market expects healthy growth of windfarm installations in 2015, up about 50% from 2014, due to the extension of the production tax credit (PTC).
Also, Mexico expects about $14 billion worth of windfarm installations between 2015 and 2018, which will more than triple the country's installed wind power capacity to 9,500 MW.
Canada has set a record for the second consecutive year for new windfarm installations, with a total of 1,871 MW installed in five provinces in 2014. Most of the growth is centered on Ontario, followed by Quebec and Alberta, representing more than $3.5 billion of investment in the country.
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, five offices in North America and 10 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities.
Recently, NextEra Energy Resources (Juno Beach, Florida), a subsidiary of NextEra Energy (NYSE:NEE) (Juno Beach), signed an agreement with Hanwha Q CELLS Company Limited (NASDAQ:HQCL) (Seoul, South Korea), under which Hanwha Q CELLS will supply 1.5 GW of solar photovoltaic modules. Hanwha's plants in Malaysia and South Korea manufacture the modules. NextEra will use the modules in North American projects.
In February, NextEra announced the commercial completion of the Desert Sunlight solar photovoltaic power facility in California. The 550-megawatt (MW) facility, valued at more than $1.5 billion, is one of the largest in the world.
Industrial Info is tracking 48 NextEra Energy power projects in North America, including 10 solar projects valued at $6.42 billion, and 18 wind projects valued at $4.29 billion.
In North America, Industrial Info is tracking 256 solar power projects with a combined value of $50.81 billion. California has the largest share of solar projects.
Industrial Info is also tracking 637 North American wind power projects that are valued at $192.38 billion. Texas has the largest share of wind projects.
Duke Energy's (NYSE:DUK) (Charlotte, North Carolina) 2015 Ten-Year Site Plan calls for the company to expand utility-scale solar generation in Florida by 500 MW by 2024.
The U.S. market expects healthy growth of windfarm installations in 2015, up about 50% from 2014, due to the extension of the production tax credit (PTC).
Also, Mexico expects about $14 billion worth of windfarm installations between 2015 and 2018, which will more than triple the country's installed wind power capacity to 9,500 MW.
Canada has set a record for the second consecutive year for new windfarm installations, with a total of 1,871 MW installed in five provinces in 2014. Most of the growth is centered on Ontario, followed by Quebec and Alberta, representing more than $3.5 billion of investment in the country.
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, five offices in North America and 10 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities.
