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SAUDI ENERGY MINISTER WARNS THAT A SHARED ENERGY FUTURE IS IMPOSSIBLE WITHOUT UNIVERSAL ENERGY SECURITY
Tesla Energy is moving faster than ever. Megapack 3 production has officially begun at the new Brookshire, Texas Megafactory. -Built in just 16 months -50 GWh annual production capacity -A huge step toward a more sustainable energy future. Tesla isn't just building batteries—it's building the future.
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$NEE $GEV NextEra Energy, U.S. Department of Commerce and Government of Japan finalize commercial terms; reach funding milestone for up to 10 GW of gas-powered generation JUNO BEACH, Fla., Aug. 12, 2026 /PRNewswire/ -- NextEra Energy, Inc. (NYSE: NEE) today announced it has executed definitive agreements with the U.S. Department of Commerce and the Government of Japan to fund the development and operation of up to 10 gigawatts of natural gas-powered generation in Texas and Pennsylvania. Today's announcement follows President Donald J. Trump's approval of the projects, which were selected in connection with Japan's $550 billion investment commitment to the United States as part of the U.S.-Japan trade agreement, in March. This major milestone releases the first tranche of funding for the two projects, which will be used for a variety of development activities, including down payments on long-lead equipment, to include turbines and selection of engineering, procurement and construction contractors. In partnership with the Administration and the Government of Japan, these funds are expected to enable NextEra Energy to deliver reliable, large-scale power infrastructure that supports America's economic growth and technical leadership in a manner consistent with the White House's Ratepayer Protection Pledge. A word from U.S. Secretary of Commerce Howard Lutnick: "Today's announcement is yet another example of how President Trump's trade agenda is putting the needs of American families first. The initial $3.3 billion investment will commence the building of the facilities needed to bring up to 10 gigawatts of natural gas power to Texas and Pennsylvania communities, lowering energy prices for families and creating thousands of high paying jobs." A word from John Ketchum, chairman, president and CEO of NextEra Energy: "NextEra Energy's hub strategy was designed for this moment and reflects more than 18 months of strategically positioning our business to capture 'bring your own generation' opportunities. By pairing large-load demand with dedicated generation, we can move quickly to support the growth of critical digital infrastructure while ensuring the costs are not borne by American homes and businesses. The Texas and Pennsylvania projects represent two of the over 30 energy hubs in various stages of development in our portfolio. We look forward to continuing to work with the Department of Commerce and the Government of Japan to advance these important projects." A word from U.S. Senator Ted Cruz: "Texas leads America and therefore the world in providing reliable, affordable energy. This investment in new natural gas generation, developed by NextEra Energy, will advance manufacturing, drive our economy and help ensure Texas remains at the forefront of American energy dominance. I congratulate them on being a part of this important investment, solidifying the energy future of Texas and the country."  A word from U.S. Senator Dave McCormick: "The Mon Valley region built the steel that built America. Now it's going to build the power that fuels America's future. The $17 billion South Mon project is historic, bringing 4.3 gigawatts of reliable natural gas generation, thousands of jobs in construction and the trades and proof that the communities that powered our past will power our future too. Pennsylvania has the gas, the workforce and the grit to lead, and this project shows the world what energy dominance looks like."  Powering America and protecting affordability: Supporting the goals of the White House's Ratepayer Protection Pledge, which NextEra Energy signed in July, the projects pair new generating resources with new electricity demand and ensure large-load customers pay their fair share. Creating economic benefits for communities: The Texas and Pennsylvania hubs are expected to generate thousands of construction jobs and hundreds of permanent operating positions across both states, with hiring concentrated in skilled trades, engineering and plant operations. Beyond direct employment, the projects will drive significant local investment through supply chain spending and equipment procurement and promote small businesses within host communities. Next steps: NextEra Energy will continue to advance project development in coordination with federal, state and local stakeholders, with initial resources expected to come online as early as the end of 2028 and the projects expected to be completed in 2032. The projects remain subject to applicable permitting and regulatory requirements, as well as completion of development, construction and commissioning activities. Additional details, including project configurations and timelines, will be shared as development advances.
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Americans deserve an energy system built on common sense, not one dependent on costly subsidies or technologies that can't meet our country’s current demand. We welcome RWE’s agreement and voluntary investment in projects that strengthen our nation's energy security, provide dependable baseload power and help keep electricity affordable for hardworking Americans today while supporting our country's long-term energy future.
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Sponsored: Demand for renewable energy isn't the problem. Delivery is. Ireland's Energy Transition examines the projects, policies and people shaping the country's energy future.
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U.S.-Japan-ROK Energy Cooperation in Action: A "Team Korea" consortium will build America's first floating LNG facility off Louisiana — while Japan's MOL takes a ~23% equity stake. Indo-Pacific partners are helping power America's energy future. 🇺🇸 🇯🇵 🇰🇷
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Utah is helping power America’s energy future. 🇺🇸⚡️ From coal and critical minerals to nuclear and geothermal, @ENERGY is unleashing Utah’s abundant resources to add more power to the grid and deliver affordable, reliable, and secure energy.
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Tesla's Autobidder is helping power France's clean energy future. Running the country's largest Megapack battery project, it helps balance the grid, store renewable energy, and deliver electricity to thousands of homes when it's needed most.
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Kaiser Kuo on China's rapid expansion of clean energy that has transformed it into one of the world's largest laboratories for energy transition at scale. But the story is about more than solar panels and wind turbines. It is also about building the infrastructure, supply chains, financing mechanisms and grid systems needed to support a new energy future. As countries work to balance growth, energy security and climate goals, there are lessons to be learned from #China#'s experience — not as a blueprint to be copied, but as a case study in the speed and scale of transformation that is possible. #AMNC26# #ETI26#
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This Labor Day, we recognize the energy workers whose skill, ingenuity, and hard work help power our nation, strengthen our economy, and advance American energy innovation. Thank you to those across America who turn ideas into impact and keep our energy future moving forward.
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