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AES and Meta Announce PPAs to Provide 650 MW of Solar Capacity for Data Centers

LCG, May 22, 2025--The AES Corporation (AES) yesterday announced that it has entered into two, long-term Power Purchase Agreements (PPA) to support Meta's data centers with 650 MW of solar capacity from two AES projects that will be starting operation in the Southwest Power Pool (SPP). AES expects these two solar projects will provide economic benefits to communities in Texas and Kansas, including hundreds of new construction jobs and contributing millions in long-term tax revenue.

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TVA Submits First Construction Permit Application for SMR at Clinch River Site

LCG, May 21, 2025--The Tennessee Valley Authority (TVA) announced yesterday that it is the first utility in the U.S. to submit a construction permit application (CPA) for the GE Vernova Hitachi Nuclear Energy (GVH) small modular reactor (SMR) BWRX-300 technology to the U.S. Nuclear Regulatory Commission (NRC). The application is TVA's next step in pursuing an SMR at its Clinch River site, near Oak Ridge, Tennessee. Preliminary SMR site preparation could begin as soon as 2026.

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Industry News

Newsmakers

Three Changes on KeySpan Board This Weekend
KeySpan Corp. said last Friday that three new members had been elected to its board of directors to replace Vincent Tese, who is resigning, and George Bugliarello and Basil A. Paterson, whoare retiring, effective December 31. The new directors are:

  • Andrea S. Christensen, a partner with the law firm of Kaye, Scholer, Fierman, Hays & Handler.

  • Vicki L. Fuller, a senior vice president of Alliance Capital Management Corp.

  • James L. Larocca, an adjunct professor at Long Island University and a former Energy Commissioner of New York State.

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