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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

Senate Passes Bill Requiring Renewables

LCG, Mar. 22, 2002--A bill preceding more comprehensive energy legislation has been passed 58-40 by the Senate, and would require utilities serving the public to provide 10 percent of electricity from renewable resources by 2020.

Sen. Jeff Bingaman, D-N.M., said the requirement was intended to "diversify our supply of energy." The bill was supported mostly by Democrats and some Republicans from the Northeast. In opposition, many Republicans and some Democrats want to encourage exploration for oil and gas resources within the U.S. Sen. Jon Kyl, R-Ariz., said the primary beneficiary of increased use of renewables would be "a few wind generators," while consumers would pay more for energy, he said.

Sen. Harry Reid, D-Nev., said drilling in the Arctic National Wildlife Refuge was no longer a serious possibility.
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