1. UTILITIES: NextEra announces record renewables, world's largest battery

    UTILITIES: NextEra announces record renewables, world's largest battery

    The world's largest renewable energy developer says it has more projects in the works than it has connected to the grid — including plans for the biggest-ever stand-alone battery storage system. Renewable energy giant NextEra Energy Inc.'s competitive wholesale power unit has inked deals for more than 15,000 megawatts of wind, solar and storage projects, the utility giant announced yesterday.

    "Our backlog is now larger than [NextEra] Energy Resources' entire existing renewables portfolio, which took us 20 years to complete," Rebecca Kujawa, NextEra's chief financial officer, said during the company's third-quarter earnings conference call with financial analysts.

     

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