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Meta Announces Up to 6.6 GW of Nuclear Projects to Power American AI

LCG, January 9, 2026--Meta today announced new, landmark agreements that will (i) extend and expand the operation of three existing nuclear power plants and (ii) drive the development of advanced nuclear technology. Meta's new agreements with Vistra, TerraPower, and Oklo follow Meta's request for proposals (RFP) issued last month. Meta expects these projects to deliver up to 6.6 GW of new and existing clean nuclear energy by 2035.

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Babcock & Wilcox Selects Siemens Energy to Supply Steam Turbine Generator Sets for Massive Applied Digital Data Center Power Project

LCG, January 8, 2026--Babcock & Wilcox (B&W) announced today that it has selected Siemens Energy to provide steam turbine generator sets for B&W’s groundbreaking project to install and deliver one GW of power for an Applied Digital AI Factory. B&W and Siemens have entered into an agreement for a limited notice to proceed to secure the turbine sets, which will enable B&W to deliver power for the project by the end of 2028. The estimated cost of the project is approximately $2 billion. The full contract release is expected in the first quarter of 2026.

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Industry News

Canadian Solar's e-STORAGE Collaborates with Aypa Power to Install 2.1 GWh of Ontario Battery Storage Projects

LCG, October 2, 2025--Canadian Solar Inc. yesterday announced that e-STORAGE, part of the Company's majority-owned subsidiary CSI Solar Co., Ltd., has entered into Battery Storage Agreements (BSA) and Long-Term Services Agreements (LTSA) with Aypa Power, a Blackstone portfolio company that develops, owns, and operates utility-scale energy storage and hybrid renewable energy projects.

The new agreements are for the Elora and Hedley battery energy storage projects in Ontario, Canada. Together, the two projects will provide 420 MW / 2,122 MWh of new storage capacity to Ontario's grid and will be among the largest energy storage facilities under development in the province. Delivery is scheduled to commence in the first quarter of next year, and commercial operation is expected to begin during the first half of 2027.

The Elora and Hedley projects will use e-STORAGE's SolBank product under 20-year LTSAs that include continuous monitoring, preventive maintenance, and performance guarantees.

The CEO of Aypa Power stated, "The Elora and Hedley projects represent critical investments in Ontario's energy system, providing the flexible capacity needed to meet rising demand and maintain a reliable grid. By working with trusted partners and applying the highest standards in performance and safety, we are building assets that deliver lasting value to Ontario's communities and economy."

The President of e-STORAGE commented, "We are proud to expand our partnership with Aypa Power through the Elora and Hedley projects. These projects will provide reliable capacity through the IESO's Long-Term 1 ("LT1") Resource Adequacy framework and reaffirm our long-term commitment to the Canadian market."
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