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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

Serb Energy Minister Quits As Power Crisis Grows

LCG, Dec. 29, 2000Serbian Energy Minister Srboljub Antic said yesterday that he would resign because he has been unable to alleviate a growing power crisis that has many householders doing without electricity up to 18 hours per day.

Antic told Belgrade Radio "Since I may not have done enough or I should take some responsibility for the energy situation, today I will submit my resignation from the post of the Serbian minister of energy."

Serbia, already short on electric generation resources, has seen it's power problems become acute as a result of a long dry spell which has reduced the flows in the Danube and Sava Rivers, cutting hydroelectric generation severely.

On Monday, Dragan Batalo, assistant general manager of national utility Elektroprivreda Srbije, said things had got so bad that institutions such as hospitals might no longer be exempted from the cuts. "It can even happen that consumers remain without power for an unplanned and unlimited time," he said.

Antic had been appointed energy minister on an interim basis in the transitional government that took over from the Socialists in Serbia, which is Yugoslavia's dominant republic, after Yugoslav president Slobodan Milosevic was ousted in October.

As the power crisis deepened, Serbia took to "borrowing" electricity from its neighbors, taking it illegally from the Balkan transmission grid to which several of Serbia's neighbors are connected. The new government concedes that the power must be repaid.

Ironically, Antic's resignation may come just as the power situation in Serbia improves. Recent rains should help with hydroelectric power and the country has worked out a deal with Gazprom of Russia for power plant fuel.

"The situation with the electricity is dramatically improving because of a heavy rainfall in the region. I expect the situation to significantly improve (Friday) and no power cuts on Saturday," Antic said.

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