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NextEra Upbeat on Future for U.S. Renewables as Backlog Grows

NextEra Upbeat on Future for U.S. Renewables as Backlog Grows

April 24, 2025--Researched by Industrial Info Resources (Sugar Land, Texas)--Despite a strong push for more fossil fuel-based energy from U.S. President Donald Trump, NextEra Energy Incorporated (NYSE:NEE) (Juno Beach, Florida) remains optimistic about the future of U.S. renewable-energy development. Executives pointed to strong demand across the U.S. during the first quarter, when it added about 3.2 gigawatts (GW) of new renewables and storage to its backlog.

Industrial Info is tracking more than US$84 billion worth of active and proposed projects from NextEra, more than half of which is attributed to solar-energy projects. One executive said the U.S. "should be thinking about renewables and battery storage as a critical bridge to [a later point in time] when other technology is ready at scale, like new gas-fired plants."

Other companies featured: Hanwha Q Cells, AES Corporation (NYSE:AES), Alphabet Incorporated (NASDAQ:GOOGL) and First Solar Incorporated (NASDAQ:FSLR).

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