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Stock impact report

Vacaville neighbors push back on proposed battery plant as energy company works to win favor [CBS News]

NextEra Energy, Inc. (NEE) 
Last nextera energy, inc. earnings: 4/22 07:30 am Check Earnings Report
US:NYSE Investor Relations: investor.nexteraenergy.com
Company Research Source: CBS News
Developers on the Corby Project website call it an innovative project that features batteries with a capacity of up to 300 megawatts. The proposed location is on 40 acres of land owned by the company near the intersection of Kilkenny Road and Byrnes Road in Solano County. NextEra says in its project description online: "It will provide California with additional flexibility in managing the energy grid, helping keep the lights on even during the hottest months of the year, when demand for electricity is at its peak. It will also help balance the diverse renewable energy resources on the grid minute by minute, filling in the gaps even when the wind is not blowing and the sun is not shining. The Corby Project is more than batteries — it represents a significant capital investment in California. It will create good-paying jobs and millions in additional revenue for the local community." Stephen Anh, the project developer, told CBS13 at Wednesday's meeting that the project is expe Show less Read more
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