Recent Quotes View Full List My Watchlist Create Watchlist Indicators DJI Nasdaq Composite SPX Gold Crude Oil EL&P Market Index Markets Stocks ETFs Tools Overview News Currencies International Treasuries S&P: Why Florida will become the Southeast’s solar leader By: Geothermal Energy RSS Feed August 16, 2021 at 08:30 AM EDT Utility-led expansions, competitive prices, and favorable state policies are developing Florida into the Southeast's leader for solar capacity, according to a new report by S&P. Utility-led expansions, competitive prices, and favorable state policies are developing Florida into the Southeast’s leader for solar capacity, according to a new report by S&P.The state is expected to add more than 13,000 MW of solar generation installed over the next decade, the author’s stated, citing state regulators, with enough capacity coming online this year to top region-leader North Carolina.Read more: Utility giant NextEra adds 1.8 GW of renewables, storage to backlogFast facts:Total capacity in the Southeast in 2020: 12,696 MWSouthern Alliance for Clean Energy expects capacity to double by 2025Florida has 3,909 MW solar capacity“Utility-scale solar is now the most affordable new electricity generation infrastructure and we are seeing all utilities — municipal, electric cooperatives, and investor-owned utilities — in Florida rapidly investing in this resource,” Heather Campbell, Florida program director for Vote Solar, told S&P Global. “Some are also setting aggressive renewable energy goals, [for example,] Florida Power & Light Co.”Subscribe to Renewable Energy World’s free, weekly newsletter for more stories like thisS&P noted a Florida Supreme Court decision in 2019 that allowed Florida Power & Light to recover solar project costs as an additional incentive for utility-scale investment. Read S&P’s full report, State policy, aggressive utility plans to make Florida top Southeast solar state, here. Related Stocks: First Trust New Opportunities MLP & Energy Fund Data & News supplied by www.cloudquote.io Stock quotes supplied by Barchart Quotes delayed at least 20 minutes. By accessing this page, you agree to the following Privacy Policy and Terms and Conditions.
S&P: Why Florida will become the Southeast’s solar leader By: Geothermal Energy RSS Feed August 16, 2021 at 08:30 AM EDT Utility-led expansions, competitive prices, and favorable state policies are developing Florida into the Southeast's leader for solar capacity, according to a new report by S&P. Utility-led expansions, competitive prices, and favorable state policies are developing Florida into the Southeast’s leader for solar capacity, according to a new report by S&P.The state is expected to add more than 13,000 MW of solar generation installed over the next decade, the author’s stated, citing state regulators, with enough capacity coming online this year to top region-leader North Carolina.Read more: Utility giant NextEra adds 1.8 GW of renewables, storage to backlogFast facts:Total capacity in the Southeast in 2020: 12,696 MWSouthern Alliance for Clean Energy expects capacity to double by 2025Florida has 3,909 MW solar capacity“Utility-scale solar is now the most affordable new electricity generation infrastructure and we are seeing all utilities — municipal, electric cooperatives, and investor-owned utilities — in Florida rapidly investing in this resource,” Heather Campbell, Florida program director for Vote Solar, told S&P Global. “Some are also setting aggressive renewable energy goals, [for example,] Florida Power & Light Co.”Subscribe to Renewable Energy World’s free, weekly newsletter for more stories like thisS&P noted a Florida Supreme Court decision in 2019 that allowed Florida Power & Light to recover solar project costs as an additional incentive for utility-scale investment. Read S&P’s full report, State policy, aggressive utility plans to make Florida top Southeast solar state, here. Related Stocks: First Trust New Opportunities MLP & Energy Fund