ENERGY STORAGE

Entergy & NextEra Energy to jointly develop 4.5GW of solar & energy storage

June 10, 2024

Entergy and NextEra Energy Resources LLC, a subsidiary of NextEra Energy Inc. have announced a joint development agreement that will “accelerate the development” of up to 4.5GW of new solar generation and energy storage projects.

The joint development agreement covers a period of five years.

“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.

Rebecca Kujawa, president and chief executive officer of NextEra Energy Resources, added: “We believe the power sector is at an inflection point, and growing electricity demand will be met by low-cost, renewable generation and storage. We’re pleased to reach this agreement because it further strengthens our long-standing collaboration and adds up to 4.5 GW on top of the more than 1.7 GW of renewable energy projects already underway with Entergy.”