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Graphic Packaging and NextEra Energy Resources Sign 250-MW Virtual Power Purchase Agreement

LCG, April 29, 2026--Graphic Packaging Holding Company today announced a virtual power purchase agreement (VPPA) with NextEra Energy Resources, LLC. With the VPPA agreement, NextEra Energy Resources plans to build the Selenite Springs Energy Center, a 250-MW solar energy facility in West Texas, and Graphic Packaging will be the sole buyer of the facility's renewable energy attribute certificates. Graphic Packaging, a global provider of sustainable consumer packaging, expects the agreement to cover approximately 43 percent of its 2025 electricity usage in the U.S. and Canada. The agreement will advance Graphic Packaging's commitment to source renewable electricity and reduce its greenhouse gas (GHG) emissions.

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PJM Announces More Than 800 New Generation Projects Seek to Connect the Grid

LCG, April 29, 2026--PJM Interconnection today announced that 811 new generation projects applied to connect to the grid through the first Cycle of PJM's new reformed interconnection process, which is designed to improve the certainty, speed and discipline of generation project review. In total, the generation applications would be capable of generating 220 GW of electricity.

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Industry News

Hydro Plant from 1800's Likely to Operate Again

LCG, Apr. 11, 2003--A small but distinguished hydro plant on New York's Hudson River could begin producing power again, with the approval of regulators.

The Mechanicville plant began operating first in 1898, and was shut down in 1997 due to a protracted legal conflict between co-owners Niagara Mohawk and Fourth Branch Associates, over whether to retain or sell the facility. Recently, Niagara Mohawk has offered to release its interest, and Fourth Branch hopes to produce power by Labor Day. Niagara has wanted to exit the generation business, while a principal of Fourth Branch, James Besha, had reason to believe that the Federal Energy Regulatory Commission would take actions that would lead to the dismantling of Mechanicville.

"This will be its third century in which it will operate," said Besha of the 4.5-megawatt plant. A noteworthy engineer with General Electric, Charles Steinmetz, assisted in the plant's design in the nineteenth century. Mechanicville is found on the National Register of Historic Places. The legal settlement provides for a joint effort to obtain a license for further operations. Should the license be granted, the transfer would then take place.
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