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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

Calpine Plant Construction Delayed Because of Electricity Prices

LCG, May 6, 2002-A planned 1,060 MW California plant faces delays because of waning electricity prices.

Calpine Corp. is reconsidering its plan to build a natural gas-fired plant west of Fresno.

Project Manager Mike Argentine said Calpine will decide on the future of the proposed plant after the state has licensed it, but if a move had to be made right now, the plant would probably not be built. The company has postponed construction of 34 plants nationwide because of the downturn in energy industry stocks, according to a company spokeswoman.

Calpine runs 25 California gas-fired or geothermal plants and is currently building three others. The company recently renegotiated electricity contracts with the state, which resulted in agreements to finish new generation projects.

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