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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

Progress Energy Plans Florida Peaking Plant

LCG, July 10, 2001Progress Energy Inc. said yesterday it plans to build a 320 megawatt natural gas-fueled power plant about 50 miles east of Sarasota. The facility is expected to begin commercial operation next year.

Progress Energy, which was formed by the merger between Carolina Power & Light Co. and Florida Progress Corp., said it had purchased the 30-acre site near Arcadia, Fla. from Entergy Wholesale Operations, and will lease additional property abutting it.

The company plans to install two 160 megawatt combustion turbines on the site, which will operate in simple cycle as a peaking plant, producing power during periods of highest demand.

Progress Energy said environmental permits and zoning have been approved for the site, and site clearing is scheduled to get under way today, followed this fall by construction, with the units coming on line next summer.

The 320 megawatt plant will be owned and operated by an ad hoc subsidiary, DeSoto County Generating Co. The site is permitted to accommodate an additional combustion turbine, though at this time, there is no definitive schedule for adding a third unit, the company said.

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