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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

LG Electronics Suspends Conergy Solar Joint-Venture Plans

LCG, November 13, 2008--LG Electronics (LG) announced late last week that it has discontinued discussions with Germany's Conergy AG (Conergy) regarding the creation of a joint venture for solar cell manufacturing due to current global financial uncertainty and differences in strategic directions. LG stated it will continue to explore opportunities in solar photovoltaic cell and module manufacturing.

LG and Conergy announced September 11 that they had executed a non-binding, Memorandum of Understanding (MOU) to form a joint venture in the solar module manufacturing business. LG was to have purchased a 75 percent stake in Conergy's solar module plant in Frankfurt, with Conergy retaining the remainder.

In October, LG announced that it plans to convert its A1 plasma panel-manufacturing line in Gumi, Korea, into two, crystalline silicon solar cell production lines. The first production line is scheduled to commence production in early 2010, with a second line entering production a year later.
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