“Assuming we achieve the midpoint of our development expectations range, Energy Resources will be operating in more than 70 gigawatt generation and storage portfolio by the end of 2027.”

In context

“test-growing states in the U.S. and we plan to meet Florida's long-term growth outlook with investments in generation, transmission and distribution infrastructure, which we believe will further enhance our best-in-class customer value proposition. Energy Resources had a strong quarter, originating approximately 3.2 gigawatts of new renewables and battery storage projects. This marks the fifth time over the past 7 quarters that Energy Resources has added more than 3 gigawatts to its backlog, a sign of the continued strong demand for new generation. Energy Resources also had its largest solar origination quarter and largest solar and battery storage origination quarter ever, again, demonstrating the strong demand for renewables and storage because they are low cost and can be deployed now. Assuming we achieve the midpoint of our development expectations range, Energy Resources will be operating in more than 70 gigawatt generation and storage portfolio by the end of 2027. Taking FPL and Energy Resources together, we believe NextEra Energy has the most comprehensive power generation business in the world and is well positioned to capitalize on long-term growth prospects. There has been ample discussion about tariffs these last few weeks. While this has forced some companies to look at their supply chains for the first time, we've spent the last 3 years diversifying and domesticating ours to strategically position our supplier relationships to manage potential disruption. For perspective, we've dramatically diversified where we source our solar panels. As a result, we don't source solar panels from countries impacted by the antidumping and countervailing duty tariff rates announced earlier this week. Plus, we source our wind turbines from the U.S. with manuf”