Matthew DiLallo of The Motley Fool reports NextEra Energy is pouring billions of dollars into battery storage.
- NextEra’s investment follows a large trend of private sector investment into clean energy.
- NextEra plans to invest $1B into battery storage next year alone.
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“The company has a sizable pipeline of projects under construction and in development that will significantly bolster the country’s ability to store power. That will enable the wind and solar energy facilities they support to generate the near-firm electricity required to meet baseload demand.”
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