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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

Mitsubishi Subsidiary Seeks to Build Nevada Plant

LCG, Mar. 4, 2002--Diamond Generating, a subsidiary of Mitsubishi, the Japanese conglomerate, hopes to build a gas-fired generating plant near Goodsprings, Nevada, starting in early 2003.

While many US-based power developers have scaled back the number of projects they are actively pursuing due to a drop in power prices and lender concerns over some power producers' high levels of debt, Bill Davis, director of development of Diamond Generating, said, "there is still an increase in electric load requirements (in the western United States)." The plant would be named Ivanpah Energy Center, and would have a capacity of 500 megawatts.

The plant, which would be dry-cooled, would utilize 30 to 50 acre feet of water for cooling annually, from partially treated gray water generated by the Southern Desert Correctional Center in Jean. A typical dry-cooled plant requires 250 to 300 acre feet. The land on which Ivanpah would be built would be leased from the Bureau of Land Management.

A series of public meetings are scheduled concerning the plant. If the plant receives all required approvals, Diamond hopes to start operations by March 2005.
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