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Three-quarters of a $70 billion building plan is going to clean power at one of America's big utilities

Xcel Energy, which serves millions of customers across the US Midwest and West, set out a five-year, $70 billion investment plan in which renewable energy does most of the heavy lifting: 9.2 gigawatts of new wind and solar generation and 2.3 gigawatts of battery storage, alongside new transmission lines and wildfire protection. 'We believe that we can, in fact, protect the planet' while serving growing demand, chief executive Bob Frenzel said as the plan was set out.

The upbeat factorat utility scale, clean power is no longer the side project — it is the main build.
✓ Verified · Utility Dive · 2026-10-30 · USA
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