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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

PG&E Executes Agreement for Solar Power from 177-MW Thermal Plant

LCG, November 6, 2007--Pacific Gas and Electric Company (PG&E) yesterday announced a power purchase agreement with Ausra, Inc. for the electric output from a 177-MW solar thermal power project proposed in central California in San Luis Obispo County. The project is planned to be operational in 2010.

The project will incorporate Ausra's Compact Linear Fresnel Reflector (CLFR) solar technology designed to use the sun's energy to boil water at high temperatures to power steam turbine generators, similar to traditional fossil-fuel power plants - but without air or water emissions. According to Ausra, a CLFR collector reflects and concentrates sunlight on an elevated absorber to roughly 30 times the intensity of sunshine at the earth?s surface.

The solar collector footprint for the project will require about one square mile (640 acres) of land. Ausra filed an Application for Certification for this plant with the California Energy Commission, from which approval is required prior to construction.

California passed a Renewable Portfolio Standard (RPS) Program that requires utilities to increase their electric supply procurement of eligible renewable generating resources by one percent of load per year, with a 20 percent renewables target by the end of 2010 and a 33 percent target by the end of 2020.

Ausra is a privately held, California-based company funded by Khosla Ventures and Kleiner, Perkins, Caufield & Byers.
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