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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

India Makes Utilities Pay Debts

LCG, March 25, 2002-India will make state utilities pay the $8.2 billion owed to the nation's energy companies.

Extensive electricity theft and farm subsidies have left Indian state electricity boards with a expected combined $5 billion loss.

Federal coal and power companies, as well as the railways, all are due money from utilities, and the Indian Power Ministry is taking steps to help utilities pay their debts. Pending cabinet approval, the ministry will issue bonds to utilities and reduce financial assistance to states with bankrupt electricity boards.

Today, as the world's second largest country, India has 100,000 MW capacity, but it plans to have 1 million MW in ten years.

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