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NextEra will use solar power to produce green hydrogen


https://www.afinalwarning.com/509325.html
(Natural News)
NextEra Energy will use solar power from its principal subsidiary Florida Power & Light Co. (FPL) to produce green hydrogen through a 20-megawatt electrolysis system. The hydrogen will then be used to replace some of the natural gas burned at FPL’s Okeechobee Clean Energy Center in Florida.
Unlike blue hydrogen, which is created from fossil fuel sources, green hydrogen is made from non-fossil sources. The $65 million Okeechobee pilot project will “utilize solar energy that would have otherwise been clipped” to create green hydrogen to replace some natural gas, said Rebecca Kujawa, chief financial officer at NextEra which last year briefly overtook ExxonMobil as the most valuable U.S. energy company. ....

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US Green investor funds 1.6GW renewable portfolio


Green investor Hannon Armstrong Sustainable Infrastructure Capital has invested in an onshore wind and utility-scale solar portfolio developed and managed by Clearway Energy Group.
Under the 1.6GW deal, Hannon Armstrong will hold a preferred equity interest in a number of holding companies owning the cash equity interests in individual portfolio operating projects and will participate in the cash flows from such projects.
Hannon Armstrong has funded approximately $200m (€161.6m) of its investment to date and anticipates funding the remaining portion in 2021 and 2022.
Once fully funded, Hannon Armstrong s total investment in the portfolio will be approximately $663m.
The remaining ownership of cash equity interests in the holding companies will be held by Clearway Energy. ....

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