SRP–NextEra Arizona buildout — 3,000 MW of new solar (500 MW/yr from 2029-2034) plus 1,000 MW of battery storage to support evening ramp
Long-dated PPA for 3 GW of new solar (500 MW/yr 2029-2034) plus 1 GW of associated battery storage; supports SRP's 2032 coal exit and a doubling of system capacity by 2035. One of the largest single-utility renewable procurements announced in 2026.
Deal Value
3,000MW
Capacity
Solar + BESS
Technology
AZ
Location
Deal Details
- Deal Type
- Utility Procurement / PPA
- Seller / Sponsor
- NextEra Energy Resources
- Buyer / Financier
- Salt River Project (SRP)
- Offtaker
- Salt River Project (SRP)
- Stage
- Pipeline / Multi-year build
- ISO/RTO
- WECC
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