The World's #1 Renewable Energy Network for News, Information, and Companies.

FPL Energy is Now NextEra Energy Resources

FPL Group announced that it is beginning its next era. The company's FPL Energy subsidiary is being renamed NextEra Energy Resources to better reflect its clean energy mission and market focus.

The company currently has more than 6,300 megawatts (MW) of wind generation in operation. It also is the largest generator of solar thermal power in the world. The company co-owns and operates seven solar plants in California’s Mojave Desert, which collectively form the world’s largest solar site. In all, the company operates 310 MW of solar thermal power.

“Today, with growing concern about global climate change and the need for more domestic sources of energy, it is no longer ‘business as usual’ in our industry. Solutions of the past will not suffice to meet the energy and climate challenges we face today,” said Mitch Davidson, NextEra Energy Resources's president and CEO. “Our new name – NextEra Energy Resources – reflects our focus on clean energy solutions and provides us with a strong brand platform to grow our business now and into the future.”

NextEra Energy Resources LLC remains an FPL Group Inc. company. During the course of 2009, the NextEra name will be rolled out to various operating company subsidiaries of NextEra Energy Resources.

To mark the debut of the new brand, NextEra is launching a five-year partnership agreement to be the Official Renewable Energy Provider of the Daytona 500 and 19 other motorsports events held at Daytona International Speedway and Homestead-Miami Speedway. The agreement includes sponsorship of the NextEra Energy Resources 250 race at Daytona on February 13.

As part of the agreement, International Speedway Corporation, parent company of Daytona and Homestead-Miami Speedway, will purchase renewable energy certificates (RECs) from NextEra that will help fund a number of renewable energy projects, including the development of wind and solar energy plants.

“We are thrilled by the future opportunity of this unprecedented partnership,” said Robin Braig, Daytona International Speedway's president. “Given NextEra Energy Resources track record of generating electricity from renewable sources for more than 20 years, we now have a strong partner to help us identify future opportunities to operate more efficiently."

RELATED ARTICLES

Rooftop Solar Panels

Hypocrisy? While Buffett Champions Renewables, His Company Fights Rooftop Solar

Mark Chediak, Noah Buhayar and Margaret Newkirk, Bloomberg Warren Buffett highlights how his Berkshire Hathaway Inc. utilities make massive investments in renewable energy. Meanwhile, in Nevada, the company is fighting a plan that would encourage more residents to use green power.
Japan Microgrid

Born from Disaster: Japan Establishes First Microgrid Community

Junko Movellan, Correspondent Although Japan's Fukushima prefecture is most commonly associated with the 2011 disaster due to the nuclear power melt-down, Miyazaki prefecture, located north of Fukushima, suffered from the largest death toll, close to 10...
Renewable Energy Finance

Clean Energy ETFs Are on a Tear

Eric Balchunas, Bloomberg Green investing used to be synonymous with losing money. But while the S&P 500 Index is up 2 percent this year, and the MSCI All-Country World Index is up 5 percent, clean energy ETFs have double-digit re...

Wheels, Towers and Trees: Unconventional Renewable Energy Technologies in the Pipeline

Andrew Williams, International Correspondent A number of companies around the world are developing novel technologies in an effort to grab a slice of the global renewable energy market.  Although many of these technologies are simple incremental improvements to e...

CURRENT MAGAZINE ISSUE

03/01/2015
Volume 18, Issue 3
file

STAY CONNECTED

To register for our free
e-Newsletters, subscribe today:

SOCIAL ACTIVITY

Tweet the Editors! @megcichon @jennrunyon

FEATURED PARTNERS



EVENTS

Doing Business in Brazil – in partnership with GWEC, the Global Win...

Brazil is one of the most promising markets for wind energy.  Ranke...

EU PVSEC 2015 (European PV Solar Energy Conference and Exhibition)

The EU PVSEC is the largest international Conference for Photovoltaic re...

Energy Security: Opportunity Power with the Sunny Boy Secure Power ...

Wouldn’t it be great to have a grid-tied inverter that could still...

COMPANY BLOGS

EU PVSEC 2014 extends its Scope

Added focus on application and policy topicsAbstracts for conference con...

EU PVSEC 2014: Call for Papers Receives Great Response

More than 1,500 contributions apply for presentation in AmsterdamScienti...

Solar Impulse Flying From China to Hawaii

The team behind Solar Impulse, the solar-powered airplane, is prepa...

NEWSLETTERS

Renewable Energy: Subscribe Now

Solar Energy: Subscribe Now

Wind Energy: Subscribe Now

Geothermal Energy: Subscribe Now

Bioenergy: Subscribe Now  

 

FEATURED PARTNERS