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Graphic Packaging and NextEra Energy Resources Sign 250-MW Virtual Power Purchase Agreement

LCG, April 29, 2026--Graphic Packaging Holding Company today announced a virtual power purchase agreement (VPPA) with NextEra Energy Resources, LLC. With the VPPA agreement, NextEra Energy Resources plans to build the Selenite Springs Energy Center, a 250-MW solar energy facility in West Texas, and Graphic Packaging will be the sole buyer of the facility's renewable energy attribute certificates. Graphic Packaging, a global provider of sustainable consumer packaging, expects the agreement to cover approximately 43 percent of its 2025 electricity usage in the U.S. and Canada. The agreement will advance Graphic Packaging's commitment to source renewable electricity and reduce its greenhouse gas (GHG) emissions.

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PJM Announces More Than 800 New Generation Projects Seek to Connect the Grid

LCG, April 29, 2026--PJM Interconnection today announced that 811 new generation projects applied to connect to the grid through the first Cycle of PJM's new reformed interconnection process, which is designed to improve the certainty, speed and discipline of generation project review. In total, the generation applications would be capable of generating 220 GW of electricity.

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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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