Governors' Wind Energy Coalition
NextEra announces historic renewable plan
Source: By Kristi E. Swartz, E&E News reporter • Posted: Wednesday, January 27, 2021
Wind turbines generating electricity at the Horse Hollow wind farm in Nolan County, Texas, which is owned by a subsidiary of NextEra Energy Inc. Richard Ellis/agefotostock/Newscom
NextEra Energy Inc., the world’s largest renewables developer, is expecting unprecedented growth under President Biden’s aggressive climate agenda that promises to speed up the nation’s shift to wind, solar and other low-carbon energy.
The White House’s laser focus on tackling climate change, combined with growing public pressure on companies to focus on environmental, social and corporate governance standards, will increase demand for renewables among NextEra’s traditional customers and open up new markets and business opportunities along the way, Jim Robo, NextEra Energy’s CEO, told Wall Street analysts on a call yesterday.