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Invenergy Announces New Agreements with Meta for Renewable Energy to Support Data Center Operations

LCG, June 26, 2025--Invenergy today announced that they and Meta Platforms, Inc. have signed four new clean energy agreements that total an additional 791 MW of procured solar and wind capacity to support Meta's near-term operations, data center growth, and clean energy goals.

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New York Power Authority to Develop New Nuclear Facility in Upstate New York

LCG, June 23, 2025--The Governor of New York today directed the New York Power Authority (NYPA) to develop and construct an advanced nuclear power plant in upstate New York to deliver zero-emission power that supports a reliable and affordable electric grid. NYPA will lead the effort to develop at least one new nuclear energy facility with a combined capacity of at least one gigawatt (GW) of electricity, either alone or in partnership with private entities. The directive builds on the Governor’s 2025 State of the State to develop nuclear energy plans in New York.

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Industry News

Nuclear Power Project Looks Dead

LCG, Oct. 2, 2000Taiwan's economics minister has recommended that construction be halted on the controversial $5.43 billion, two-unit, 2,700 megawatt nuclear power project that would be the island's fourth nuclear plant, Taipei newspapers reported yesterday.

Lin Hsin-yi said, in delivering his long-awaited report to the cabinet, that he believed alternative sources of electric supply could be found. Officials at Taiwan Power, the government-owned electric utility, said that the minister's recommendation could prove fatal to the project.

Chen Shui-bian, president of the Republic of China, had promised shortly before he was elected last March that he would oppose the nuclear project. But Tang Fei, the premier who is subordinate to Chen, has said he might step down if the plant is scrapped. Legislators could also save the project.

Yu Sheng-hsiung, nuclear communications director of Taiwan Power, said killing the project would cost the company an additional $960 million on top of the $1.6 billion already spent. There is also the matter of a $1.8 billion contract with General Electric Co. of the U.S. for the two reactors.

The nuclear project has suffered intense opposition from environmental organizations which have stirred fears among island residents of the catastrophic effects of a serious accident..

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