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Entergy and NextEra Power Assets enter settlement for as much as 4.5 GW of recent photo voltaic + storage


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Credit score: NextEra Power

Entergy and NextEra Power Assets, a subsidiary of NextEra Power, as we speak introduced a five-year joint improvement settlement that may speed up the event of as much as 4.5 GW of recent photo voltaic technology and vitality storage tasks. The settlement represents vital progress towards Entergy’s rising portfolio of renewable technology.

“We’re enthusiastic about this joint improvement settlement, which is able to allow Entergy to offer our prospects with low-cost, renewable vitality as demand grows throughout Arkansas, Louisiana, Mississippi and Texas,” stated Rod West, group president of utility operations for Entergy.

“We imagine the ability sector is at an inflection level, and rising electrical energy demand shall be met by low-cost, renewable technology and storage,” stated Rebecca Kujawa, president and CEO of NextEra Power Assets. “We’re happy to achieve this settlement as a result of it additional strengthens our long-standing collaboration and provides as much as 4.5 GW on prime of the greater than 1.7 GW of renewable vitality tasks already underway with Entergy.”

Information merchandise from Entergy

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