NextEra Says Tariff Probe May Slow Solar, Storage Projects
- As much as 2.8 gigawatts of projects could get pushed to 2023
- Commerce Department investigating solar imports from Asia
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The U.S. trade investigation into Chinese solar-panel suppliers could delay a huge slug of NextEra Energy Inc. solar and storage projects.
As much as 2.8 gigawatts of such projects planned for this year “may shift to 2023 due to circumvention investigation,” the renewables giant said in its earnings presentation Thursday. That’s equivalent to the electricity generated by almost three nuclear reactors.