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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

India's Videocon Eyes Enron's Dabhol Power

LCG, Dec. 10, 2001--Indian consumer electronics and home appliance giant Videocon is looking for a partner with which to make a bid for Dabhol Power Co., the troubled Enron Corp. project that is India's largest single foreign investment.

Venugopal Dhoot, Videocon's chairman confirmed his company's interest to the Business Standard newspaper on Saturday.

"We are looking at acquiring stake in Dhabol," he said. "We are unlikely to go it alone and are looking at the possibility of roping in a multinational power company as a partner."

Videocon would buy Enron's 65 percent in Dabhol and the 10 percent shares owned by General Electric Co. and Bechtel Enterprises. The remaining 15 percent belongs to the Maharashtra State Electricity Board.

The paper said Videocon has already talked to the state government of Maharashtra and has written to the Industrial Development Bank of India, a key lender to Dhabol, expressing its interest in the company.

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