US firms NextEra and Entergy to deploy 4.5GW of solar and storage projects

LinkedIn
Twitter
Reddit
Facebook
Email

US-based independent power producer (IPP) NextEra and utility Entergy have revealed a five-year, 4.5GW development pipeline of solar and storage projects.

While the companies did not specify where the projects will be built, and when they expect to commission the projects, both boast significant renewable power portfolios in the US. Entergy, for instance, has a portfolio of 14 operating solar projects in the US, with a combined capacity of 585MW, alongside two solar-plus-storage projects in operation with a capacity of 101MW.

This article requires Premium SubscriptionBasic (FREE) Subscription

Enjoy 12 months of exclusive analysis

  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Annual digital subscription to the PV Tech Power journal
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

“We’re excited about this joint development agreement, which will enable Entergy to provide our customers with low-cost, renewable energy as demand grows across Arkansas, Louisiana, Mississippi and Texas,” said Rod West, group president of utility operations for Entergy.

The two companies already have 1.7GW of renewable energy projects under development, and Entergy alone expects to add 2.9GW of new solar capacity by 2028. The company has also invested in co-located projects, with four solar-plus-wind projects in its pipeline, with a combined capacity of 4.9GW, which Entergy expects to commission by 2029.

NextEra, meanwhile, already has battery energy storage systems (BESS) in operation and development in 19 US states, including Arkansas and Texas, and reported strong growth in its solar portfolio in its 2023 financial reporting. The company added 1.2GW of new solar capacity in 2023, and posted net income of US$112 million in the fourth quarter of the year, and the new deal with Entergy will continue this expansion.

See the original version of this article on PV Tech.

Read Next

May 21, 2025
Installed battery storage capacity in California, US has grown from 771MW in 2019 to more than 15,500MW as of 31 January, 2025.
Premium
May 21, 2025
ESN Premium speaks with Dr. Yinghuang Ji, head of structuring at MN8 Energy, on current challenges and opportunities for growth in the energy storage market.
May 21, 2025
Regulators in Germany are considering two big reforms that could improve the business case for BESS, while developer-operator Green Flexibility has announced its first major project.
May 20, 2025
Utility Public Power Corporation (PPC) has launched construction on two BESS projects in Northern Greece totalling 98MW/196MWh of capacity.
Premium
May 20, 2025
ESN Premium speaks with Chloe Hicks of EnergyCo about New South Wales’ Renewable Energy Zones (REZ) and its hopes for energy storage.

Most Popular

Email Newsletter