Energy Storage News•16 days ago
NextEra signs 2.5GW of renewable energy agreements with Meta for projects across US
Key Takeaway
This massive corporate PPA deal highlights the strong and growing demand from large power consumers like Meta for substantial renewable energy and storage projects, creating significant market opportunities for developers.
AI Summary
- •Meta and NextEra have signed 11 Power Purchase Agreements (PPAs) and two energy storage agreements, totaling 2.5GW of new capacity.
- •This significant corporate PPA demonstrates strong and sustained demand from large power consumers for utility-scale renewable energy and co-located storage solutions.
- •The agreements will drive the development of substantial new renewable energy projects and associated storage infrastructure across the US, creating opportunities for developers.
Topics
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