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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

Hydro-Québec Plans to Add 2,000 MW of Wind Power

LCG, June 30, 2005--Hydro-Qubec announced yesterday that the Qubec government has requested the utility to pursue the purchase of an additional 2,000 MW of wind power to supplement its energy supplies. Hydro-Qubec plans to be a global leader in delivering wind power and estimates that its contracts for wind power will total 3,500 MW by the end of 2013.

Historically Quebec has relied almost entirely upon hydro electricity to supply its demand for electricity, with surplus power to export. However, with growing demands, Quebec is currently a net importer of electricity. To bolster local supplies, last July the Quebec government approved the province's first major gas-fired generating facility, the Becancour cogeneration plant, which is scheduled to commence operations in 2007 at an estimated cost of $500 million. The plant, located between Montreal and Quebec City, is deemed necessary to meet Quebec's forecast electricity demands.

Following the approval of the Becancour plant, opposition from environmentalists and locals led to the cancellation last November of another gas-fired power project in Beauharnoi. The 836 MW project, with an estimated cost of $550 million, was targeted to commence operations in 2008 to meet the regions growing demand for electricity. As an alternative to gas-fired generation, Hydro-Qubec has now turned to wind power and improved energy efficiency.

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