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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

China Will Use Gas from Australia and Indonesia

LCG, August 12, 2002-China will obtain $1 billion in liquefied natural gas (LNG) annually from Australian and Indonesian sources, as announced last week Thursday.

China chose British Petroleum, which controls the Tagguh gas field along with Indonesian partner Pertamina, to supply an as-yet-unconstructed LNG terminal in Fujian, a southern Chinese province. No specific financial amounts have been reported, but it is estimated that the contract is for $500 million annually.

The Australian consortium ALNG has also reportedly signed a 25-year contract with China. The gas, 3 million tons a year, will be used to power the southern province of Guangdong via an already-constructed LNG terminal. In 2008 the annual supply will increase to 5 million tons.

ALNG includes Woodside Petroleum, BHP Billiton Petroleum, BP Developments Australia, Chevron Texaco Australia, Shell Development Australia, and Japan Australia LNG. According to Australia's Prime Minister John Howard, the agreement is the largest individual export contract Australia has made.

The contracts are an indication of China's deliberate shift from coal to other energy sources, a noteworthy decision for a country which has a history of strong if perhaps dogmatic self-sufficiency.

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