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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

Mitsubishi Joins South Africa PBMR Nuclear Project

LCG, Aug. 20, 2001--Mitsubishi Heavy Industries Ltd. has announced that it will participate in the development of a 100 megawatt high-temperature gas reactor that is under design by Pebble Bed Modular Reactor Pty. Ltd. of South Africa, Asia Pulse reported this morning.

Mitsubishi thus joins Exelon Corp. of the U.S. and possibly Electricit de France in seeing a future for the small, modular nuclear reactor being developed by the South African utility Eskom, parent company for PBMR Ltd.

The pebble bed modular reactor is a nuclear power plant that uses coated uranium particlesencased in graphite to form a fuel sphere that is two and one-third inches in diameter and safe to handle. In addition, the design uses helium as the coolant and energy transfer medium to a closed cycle gas turbine and generator.

The design differs in a number of ways from conventional pressurized water reactors which most of those in the U.S. are. These design differences, according to backers, result in the reactor being an inherently safe and economical power plant.

Another virtue is the design's modularity. Units of 100 megawatts each can be combined to provide a power plant of nearly any total capacity desired.

Mitsubishi Heavy said it will examine the technical and commercial viability of turbine generators powered by helium heated inside the reactor, and will sign a formal contract shortly. The company will participate in PBMR Ltd.'s plans to begin building a prototype high-temperature gas reactor in March of next year, for completion by January 2007.

Exelon has asked the U.S. Nuclear Regulatory Commission to develop licensing standards for the pebble bed modular reactor and has indicated that it might seek such a license in about a year.

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