May 17, 2020

NextEra Energy: Agrees to supply 114MW to Google Energy

2 min
Google Energy
NextEra Energy Resources, LLC, subsidiary of NextEra Energy Inc, has entered into a power purchase agreement with Google Energy, LLC, for the suppl...

NextEra Energy Resources, LLC, subsidiary of NextEra Energy Inc, has entered into a power purchase agreement with Google Energy, LLC, for the supply of 114 megawatts of renewable energy via the operating NextEra Story II Wind Energy Center. The wind power operation is located in Story and Hardin counties in Iowa, USA.

“We are thrilled to welcome Google Energy to our growing list of customers and appreciate their support of emission-free, renewable energy,” stated Mike O’Sullivan, senior vice president of development for NextEra Energy Resources. “With the support of customers like Google Energy, we’ve built our wind fleet from fewer than 500 megawatts a decade ago to more than 7,600 megawatts – the largest fleet in North America today.”

The Story II Wind Energy Center, which began operating in December of 2009, will begin supplying Google Energy with power on July 30, 2010. The wind farm generates 150 megawatts of power total, the remaining 36 of which are currently sold to the city of Ames, Iowa.

NextEra currently owns and operates approximately 700 wind turbines in Iowa, with a capacity of over 1,000 megawatts of power, enough to serve over 250,000 average homes. NextEra Energy Resources currently has well over 9,000 wind turbines at 77 wind farms, throughout 17 U.S. stated as well as Canada. The Company’s North American fleet of wind turbines averted around 14 million tons of carbon dioxide emissions in 2009—equal to removing about 2.4 million cars from the roads—as reported by the Environmental Protection Agency’s carbon-equivalency calculator.


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Jul 27, 2021

Tesla records $1.1bn quarterly profit

Dominic Ellis
2 min
Spurred by record levels of global demand and new inflection point for electric vehicles, Tesla's production ran close to full capacity in Q2

Tesla recorded $1.1 billion net income in the second quarter, for the first time in its history, overcoming semiconductor chip shortages and other supply chain challenges.

Spurred by record levels of global demand and 'never-before-seen inflection point' for electric vehicles, production ran close to full capacity, and a quarterly highlight was the launch of the Tesla Vision. Total revenues were just under $12 billion and year-on-year production increased from 180,338 models to 206,421.

Technology will continue to be key to the carmaker's future. "Solving full autonomy is a difficult engineering challenge in which we continue to believe can only be solved through the collection of large, real-world datasets and cutting-edge AI," it said.

Progress is being made on the industrialisation of the Cybertruck, which is earmarked for production at Austin. The removal of radar, which is enabled by its collection of a vast dataset of corner cases, allows Tesla to focus on vision and increase the pace of improvement - the first customers have downloaded FSD V9 Beta this month.

Geographic production breakdowns were as follows:

  • US California and Texas production ramp of Model S progressed and majority of all Model 3/Y was delivered, and Texas Gigafactory (pictured below) continues to progress
  • Shanghai production remained strong despite 'minor' supply chain challenges and Tesla has completed the transition of Gigafactory Shanghai as the primary vehicle export hub
  • Europe Berlin-Brandenburg demand (main photo) remains well above supply, resulting in growing wait times for delivery, and new equipment and testing tools are being introduced, with growing import volumes in the interim
  • The company is "on track" to build its first Model Y vehicles in Berlin and Austin this year but pressures on batteries and supply chains means the Semi truck program has been pushed back to 2022

Tesla said it has successfully validated performance and lifetime of its 4680 battery cells produced at its Kato facility in California but "we still have work ahead of us" before it can achieve volume production. Energy storage deployments more than tripled, driven mainly by several Megapack projects, although energy storage production continues to be held back by supply chain challenges, given its long backlog. Solar deployments reached 85MW in Q2, a triple jump on Q2 2020.

Gigafactory Texas: Model Y factory construction 


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