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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 Geothermal Plants to Support Reliability in California

LCG, Feb. 26, 2003--An agreement between Calpine Corp. and the California Independent System Operator will allow the grid operator to dispatch over a dozen geothermal plants owned by Calpine to maintain grid reliability.

The agreement governs 13 of its 19 Geysers generating units in Northern California, and will provide Calpine revenue from $40 million to $45 million each year for 2003, 2004 and 2005. The generators will be designated "reliability-must-run" resources.

The units may also be used to produce power for the ISO at a contracted price, or for other buyers.
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