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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

New Long-term Power Supply Secured by Hydro-Quebec

LCG, Oct. 4, 2002--Hydro-Quebec today announced it had selected a bid from two companies to supply 1,200 megawatts of power over a twenty-year period, starting in 2007.

The selections by the utility, worth C$6 billion ($3.76 billion US), will require approval by the Quebec Energy Board, and are due to be followed next year by requests for further supply offers. The agreements would be signed with Groupe Axor Inc. and Calpine Canada Power Corp., which together will operate a gas-fired generating unit in Varennes, close to Montreal.

Hydro-Quebec is also prepared to generate power at its Robert-Bourassa LG-2 generator, a baseload unit, and the LG-1 unit, which will be dispatchable. The utility's sales of power are 156 Twh in the current year, and are scheduled to grow to 165 TWh by 2005. "We will need 1.2 to 1.3 terawatt hours more of electricity per year as of 2006," commented Yves Filion, the president of Hyddro-Quebec's distribution unit.
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