- NextEra Energy and Entergy will develop 4.5GW solar and storage projects over five years.
- Entergy plans to add 2.9GW of new solar capacity by 2028 and complete 4.9GW of solar-plus-wind projects by 2029.
- NextEra expanded its battery storage systems across 19 states and added 1.2GW solar capacity in 2023.
NextEra Energy and Entergy will develop 4.5 GW solar and storage projects over five years. They have not specified project locations or timelines.
Entergy operates 14 solar projects with 585MW capacity and two solar-plus-storage projects with 101MW capacity. “This partnership lets us deliver affordable, renewable energy to customers in Arkansas, Louisiana, Mississippi, and Texas,” said Rod West, Entergy’s group president of utility operations.
The companies have 1.7GW of renewable energy projects in progress. Entergy plans to add 2.9GW of solar capacity by 2028 and to complete four solar-plus-wind projects, totalling 4.9GW, by 2029.
NextEra is expanding its battery energy storage systems (BESS) in 19 states, including Arkansas and Texas. In 2023, NextEra added 1.2 GW of solar capacity and reported a $112 million net income for the fourth quarter. The deal with Entergy supports NextEra’s continued growth.
The collaboration reflects companies’ focus on renewable energy and their response to growing energy demand.