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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

Maharashtra Annuls Enron's India Contract

LCG, May 25, 2001The Maharashtra State Electricity Board retaliated against Enron India yesterday by "annulling" its contract to purchase power from Enron's Dabhol Power Co. The move was in response to Enron's announcement last week of a preliminary termination notice.

"You can't quit," the MSEB said, "I quit first."

The MSEB denied that its decision last night was such a response, but was a "legal notice" provoked by Enron's failure to meet power delivery requirements called for in its contract. Enron said the charge was nonsense the power has been there, but Maharashtra doesn't want to pay for it.

Since the 740 megawatt first phase of the Dabhol project began commercial operations last year, Enron has had to fight tooth and nail for each month's payment for power delivered to the MSEB. With a 1,444 megawatt second phase set to begin producing power next month, the MSEB is attempting to force Enron to make a significant reduction in rates agreed to in 1994. Enron has said it will not re-negotiate the 1994 contract.

Last night, Enron said in a statement "MSEB has chosen an obscure and improper justification for attempting to rescind a contract that, in any event, was signed more than seven years ago."

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