Utility-scale solar and wind projects are installations of equipment designed to generate electricity for the power grid or commercial entities. These projects typically range from several megawatts (MW) to hundreds or even thousands of MW. Electricity is sold through Power Purchase Agreements (PPAs) or directly into wholesale electricity markets.

Learn more about NextEra Energy Resources’ solar projects and their performance benefits in our detailed overview:

Read more about our solar energy solutions (PDF)

Utility-scale solar is one of the lowest-cost sources of new electricity available today. Key cost components include capital costs, Levelized Cost of Energy (LCOE) and operations and maintenance. Factors that influence cost include panel efficiency, land costs, labor rates, interconnection fees and financing terms. 

A typical solar project requires five to eight acres of land for each megawatt of solar energy capacity. 

If I have land and want you to assess its suitability for a renewable energy project, how do I get you to come out to look at it? 

While not every parcel can be evaluated, property owners are welcome to contact us for more information. 

While not every parcel can be evaluated, property owners are welcome to contact us for more information. 

We seek sites with strong wind or solar resources, interested landowners and access to transmission lines.  

Wind projects are typically completed in six to nine months, and solar facilities in six to 12. Each site is responsibly restored, ensuring the land is left as healthy—or healthier—than when construction began.

While renewables resources such as solar and wind can be intermittent, combining multiple generation sources with advanced battery energy storage helps maintain consistent, reliable power. 

Reliability is at the core of NextEra Energy Resources’ operations. With decades of operational experience, industry-leading modeling and a diversified portfolio, the company provides customers with confidence in long-term performance. Detailed solar resource and irradiance data, paired with conservative performance assumptions, are used to forecast annual megawatt-hour (MWh) output and capacity factor with precision. We operate a dedicated operations control center to monitor and optimize the performance of our energy asset portfolio. 

NextEra Energy Resources structures power purchase agreements (PPAs) to align with each customer’s resource planning, budget stability and regulatory requirements.

Our approach includes:

• Long-term value: PPAs typically span 15–25 years, providing cost stability and protection from fuel-price volatility.
• Competitive pricing: Vertically integrated capabilities and scale enable cost-competitive offers. As a diversified energy company, NextEra Energy Resources leverages efficiencies and consistent performance across its portfolio.
• Collaborative design: Contract terms are tailored to align with regulatory obligations (such as renewable portfolio standards), risk allocation (performance, curtailment, end-of-term) and future expansion opportunities (including solar-plus-storage or phased additions).
• Transparency and integration: Customers receive clear visibility into lifecycle costs—operations, maintenance, degradation, and replacement—and guidance on integrating projects into existing resource portfolios.

Ultimately, the goal is to provide reliable, low-cost energy that supports each customer’s long-term strategy—building relationships designed for lasting performance, not just a single transaction.