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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

Sithe Calls it Quits on N.Y. Peaking Plant

LCG, Dec. 17, 2001--Sithe Energies Inc. on Friday said it had decided to call off development of a new power plant it had planned to build in Ramapo, N.Y. The company said the decision is based on the uncertain climate for the development of peaking power facilities in New York State.

"The current climate in this region, with its shifting energy market conditions, makes the construction of a peaking facility at this location uneconomic at this time," said Jim McGowan, senior vice president for development. "This kind of decision is highly complex, and is reached only after careful consideration of many factors. No single factor was determinant."

Two state agencies, the New York Power Authority and the Long Island Power Authority, have been actively addressing the need for peaking power in and around New York City by installing small gas turbines of 40 or 50 megawatts capacity in the region.

The Ramapo plant was originally conceived as a baseload plant but was changed to a peaker earlier this year.

"Sithe has a long history in New York State of developing and operating clean energy facilities," said McGowan. "Sithe has invested billions of dollars throughout the Northeast region. We look forward to continuing that relationship, and we'll evaluate other opportunities as they arise."

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