Wind repowering on NextEra radar as US green giant breaks quarterly capacity record - Recharge
Wind repowering on NextEra radar as US green giant breaks quarterly capacity record | Recharge
NextEra Energy in the third quarter set a US industry record with 3.25GW of new renewables and grid-scale battery storage origination, a sign of strong demand fueled by federal subsidies and the sector increasingly moving towards the largest scale players, company executives claimed.
This was the first time NextEra’s Energy Resources unit, the largest solar, storage, and wind developer outside China, had surpassed 3GW of quarterly origination.
Related Knowledge Center: ENERGY BASICS: renewables
Renewable energy sources — once the fuel of the future, then practical in specific, narrow applications — are increasingly economic mainstream sources of power generation. Hydropower was long the mainstay of U.S. renewable electricity generation, although wind power surpassed hydro for the first time in 2019, and solar continues its rapid growth. The continued growth of wind and solar, with their fluctuations, is tied in part to improvements in storage technology: batteries.