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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

Maine Renewable Plants Shut Down Temporarily

LCG, June 6, 2002--Two biomass plants in Maine that burn wood for fuel will be shut down until Sept. 30 due to the high cost of wood, said owner Boralex, Inc., a Montreal-based firm.

The plants are a 16-MW facility in Athens and a 40-MW installation in Ashland, which together can provide for the needs of 60,000 homes. The shutdowns are the latest in a series of economically based decisions leading to fewer operating biomass and renewable facilities in Maine. Five of ten biomass plants in Maine remain in operation, according to Beth Nagusky, executive director of the Independent Energy Producers of Maine.

The Maine Public Utilities Commission chairman, Tom Welch, said that the 1997 state electric industry restructuring law was not responsible for the temporary closures. There has been some debate over whether the state should require a certain portion of the state's generation to be renewable, even if it might cost more than conventional fossil fuel-derived power. Many of the renewable plants in Maine are not able to provide a price-based incentive to buyers of standard-offer electricity service, given the prices approved by the Maine PUC.

Currently, power supplies are ample due to new conventional generation in New England. The Independent Power Producers would like the state to make a 100 percent renewable generation option available to customers. Welch, the PUC chairman, while not against renewable resources, said, "how much ratepayers or taxpayers want to spend to keep these facilities open, that's a question for the Legislature."
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