Xcel Energy Rides the Renewable Wave with Investment

Xcel Energy is a leading utility company that serves customers in eight states in the US.

The company has made a significant investment in expanding its renewable energy portfolio in recent years.

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Xcel Energy has a goal to achieve 100% carbon-free electricity by 2050.

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The company plans to add 10,000 MW of wind, solar, and natural gas-generated electricity by 2030.

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Xcel Energy's wind generation capacity has increased by more than 60% since 2016.

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The company's solar generation capacity has increased by more than 10 times since 2015.

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Xcel Energy has plans to retire its coal-based plants by 2040 and replace them with cleaner energy sources.

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The company's renewable energy investments have led to a reduction in carbon emissions by 44% since 2005.

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Xcel Energy's renewable energy expansion has created thousands of jobs in the clean energy sector.

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The company's commitment to clean energy has been recognized by various awards and accolades, including being named a World's Most Ethical Company by Ethisphere Institute for the twelfth time in 2022.

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