American companies NextEra and Entergy will implement solar energy with a capacity of 4.5 GW

“We are excited about this co-development agreement, which will enable Entergy to provide low-cost renewable energy to our customers as demand grows in Arkansas, Louisiana, Mississippi and Texas,” said Rod West, group president of utility operations at Entergy.

Both companies already have 1.7 GW of renewable energy projects in development, and Entergy itself expects to add 2.9 GW of new solar capacity by 2028. The company has also invested in co-located projects, and its companies have four solar and wind energy projects. gas pipeline with a total capacity of 4.9 GW, which Entergy is to launch by 2029.

Meanwhile, NextEra already has battery energy storage systems (BESS) operating and under development in 19 U.S. states, including Arkansas and Texas, and reported strong growth in its solar portfolio in its 2023 financial reports. The company added 1.2 GW of new solar capacity in 2023 and reported net income of $112 million in the fourth quarter of the year, and the new agreement with Entergy will continue this expansion.

Ser original version of this article on PV Tech.