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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

Lebanese Cabinet Denies Rumors of Electricity Crisis

LCG, Jan. 18, 2002--The Lebanese Daily Star reported that Cabinet officials heard from Energy and Water Minister Mohammed Abdel-Hamid Beydoun at a routine session that no energy crisis was imminent.

Beydoun's remarks reportedly indicated that fuel oil stocks and expected additions would meet the requirements for the coming month. Further, he is to have said, rumored breakdowns at the Deir Ammar and Zahrani power plants were not true, due to the facilities' being diesel-powered. Leading the meeting were President Emile Lahoud and Prime Minister Rafik Hariri.

Leaks to the press had indicated that blackouts might occur, a scenario which Information Minister Ghazi Aridi called "wrong." Aridi informed the press that talks between the Cabinet and Electricite du Liban Director-General Kamal Hayek will be held to clear up all issues regarding power security.

Lahoud has urged that dams approved by the government be brought into operation as soon as possible in order to obtain all possible benefits from hydropower.

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