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NextEra Energy Switches On its Solar Project in Louisiana

It was recently reported that NextEra Energy, Inc. (NYSE:NEE) has brought its 100-MW solar facility online in Louisiana. Let’s shed some light on the development.

A solar panel array, its blue sky backdrop beaming with power.

NextEra Energy Resources – a subsidiary of NextEra Energy, Inc. (NYSE:NEE) –  revealed on June 2, 2025, that it has started operations at its first utility-scale solar facility in Louisiana. The 100-MW Amite Solar Energy Centre is capable of generating enough energy to power thousands of Louisiana homes and businesses.

The solar facility achieved commercial operations in March 2025 and is contributing dependable electricity to the Pelican State’s power grid. The project took 15 months to construct and created 200 construction jobs, with expectations to generate about $16 million in additional tax revenue for Tangipahoa Parish over the next 30 years.

Stuart McCurdy, vice president of development at NextEra Energy Resources, stated:

“This is a monumental moment for our team, and we are proud to work with DEMCO to bring low-cost solar energy to their co-op members. We’re thrilled to deliver homegrown energy that supports local jobs and economic development, exemplifying the power of collaboration between energy infrastructure developers, the community and local utilities in meeting the unprecedented energy demand.”

While we acknowledge the potential of NEE to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than NEE and that has 100x upside potential, check out our report about this cheapest AI stock.

READ NEXT: 10 Cheap Energy Stocks to Buy Now and 15 Best Large Cap Energy Stocks to Buy According to Hedge Funds

Disclosure: None.

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Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

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  • 175 Teslas
  • 107 Amazons
  • 140 Metas
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  • 65 Microsofts
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  • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

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