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Meta Announces Up to 6.6 GW of Nuclear Projects to Power American AI

LCG, January 9, 2026--Meta today announced new, landmark agreements that will (i) extend and expand the operation of three existing nuclear power plants and (ii) drive the development of advanced nuclear technology. Meta's new agreements with Vistra, TerraPower, and Oklo follow Meta's request for proposals (RFP) issued last month. Meta expects these projects to deliver up to 6.6 GW of new and existing clean nuclear energy by 2035.

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Babcock & Wilcox Selects Siemens Energy to Supply Steam Turbine Generator Sets for Massive Applied Digital Data Center Power Project

LCG, January 8, 2026--Babcock & Wilcox (B&W) announced today that it has selected Siemens Energy to provide steam turbine generator sets for B&W’s groundbreaking project to install and deliver one GW of power for an Applied Digital AI Factory. B&W and Siemens have entered into an agreement for a limited notice to proceed to secure the turbine sets, which will enable B&W to deliver power for the project by the end of 2028. The estimated cost of the project is approximately $2 billion. The full contract release is expected in the first quarter of 2026.

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Industry News

City's Lease to Solar Installation Advances in Nevada

LCG, Apr 28, 2003--Duke Solar Energy appears close to reaching an agreement with Boulder City, Nev. on a lease deal that would provide the city with up to $2 million annually in return for Duke's use of land for a solar field.

Nevada Power and the Eldorado Solar Electric Generation Station were given approval for contracts last month by the Nevada Public Utilities Commission. Boulder City leaders hope to negotiate a separate deal to buy power from the installation at wholesale rates.

"I think it's very important from a standpoint it will be another source of power in Boulder City," Mayor Bob Ferraro told the Las Vegas Review-Journal. "We're not hurting in that respect, but it gives us a third source, and it creates additional revenue for the general fund."

The site has highly desirable characteristics for solar power generation, and is close to a distribution point. Construction has yet to start, but operations are expected in 2005. Other nearby power sources include Hoover Dam and a gas-fired plant, Eldorado Energy.

Rates for the plant have not been made public, but George Douglas of the National Renewable Energy Laboratory in Denver says that per-kilowatt-hour rates of 20 and 25 cents are normal, with the average utility rate at 7 cents per kilowatt-hour. Nevada is requiring that 7 percent of utilities' power sales be from renewable sources by 2005. While Nevada Power has secured 68 percent of the Eldorado solar plant's output, Sierra Pacific will purchase the remaining 32 percent, for a total of 50 megawatts to be supplied. Both utilities are subsidiaries of Nev. Sierra Pacific Resources.
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