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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

Exelon Plans 10-MW Solar Generating Station in Chicago

LCG, April 23, 2009--Exelon yesterday announced plans to develop a 10-MW solar photovoltaic (PV) electric generating system at an industrial site on Chicago's South Side. Exelon's plans call for the project to be complete by year-end.

Exelon selected SunPower to design and build the system, and an agreement is in place between the two companies. Exelon will own and operate the facility and market the power generated and the associated Solar Renewable Energy Certificates (SRECs).

The project will be built at a 39-acre site leased by Exelon. The facility will include 32,800 solar panels that will be manufactured by SunPower. The system will also employ SunPower Trackers, which track the sun so as to increase the solar energy received and electricity produced by the panels.

The estimated cost of the 10-MW project is $60 million. The project is contingent upon a federal loan guarantee available from the American Recovery and Reinvestment Act. Exelon requested a loan guarantee for up to 80 percent of the project cost from the U.S. Department of Energy Loan Guarantee Program Office (LGPO).
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