NextEra

NextEra, the leading clean energy developer in the United States, has deployed nearly 1.9 GW (AC) of solar, wind and storage over the past quarter, expanding its project backlog to nearly 20 GW. It has also secured interconnection queue positions for 145 GW of its projects.

Wiki-Solar’s latest league table of utility-scale solar project developers shows that only six renewable specialists occupy the top 20 spots.

The Canadian province needs to commission 5 GW of newly-built electricity generation capacity to cope with demand driven in part by electric vehicles and nuclear energy retirements.

Taiwanese analyst TrendForce said it expects global energy storage capacity to reach 362 GWh by 2025. China is set to overtake Europe and the United States is poised to become the world’s fastest-growing energy storage market.

Victory in the economic realm (increasingly the case with solar, solar-plus-storage and wind) is no guarantee of market victory if the regulations are stacked against renewables.

International thinktank IEEFA says there are 50 viable green hydrogen projects under development with an estimated renewable energy capacity of 50 GW and the potential to produce 4 million tonnes of the fuel annually.

The state has also awarded 614 MW of wind, and three of the 20 renewable energy projects commissioned are paired with energy storage. NextEra, Invenergy and EDF are each set to build solar projects larger than 100 MW.

The massive order follows the 2.75 GW supply deal the Chinese manufacturer signed with NextEra, as it deepens its presence in the U.S. market.

The U.S.-based power giant has announced that it is the mysterious counterparty that will be supporting JinkoSolar’s foray into U.S. manufacturing, and Jinko has revealed that its Florida factory will have a 400 MW annual capacity.

The world’s largest wind and solar asset owner has identified opportunities for 9-10 GW of solar as it expands into renewables and away from risky conventional merchant generation.