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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

Canada's Ontario Province Faces Power Shortages

LCG, March 8, 2001The Canadian province of Ontario could face electric power shortages if government regulators fail to authorize more private power plants soon, the Toronto Star reported this morning.

Rob McLeese, a spokesman for independent power producers, told the paper that some power plant developers who have been interested in building facilities in the province are "wavering" about investing in Ontario.

"They have plenty of other opportunities around the world, and will cross Ontario off their list if they don't get decisions soon," said McLeese, president of the Independent Power Producers Society of Ontario.

Ontario had planned to open its electricity market to competition last November, complete with a power exchange. But that plan was tabled for six months and then shelved indefinitely. Now, with no date in view where they can sell power onto the provincial grid, the power producers are becoming restive.

"The investors who have the money and the know-how to do this are looking at a global picture," McLeese warned. "They're not looking just at Ontario."

And that could add up to power shortages for the province according to McLeese, because "we don't have any new generation, and our generation is all running down."

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