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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

B&W and TVA Purse New Nuclear Reactor Design

LCG, June 11, 2009--The Babcock & Wilcox Company (B&W) announced yesterday its plans to develop a new, scalable nuclear reactor. B&W has notified the Nuclear Regulatory Commission (NRC) that it intends to submit an application for design certification of the B&W mPower reactor in 2011.

B&W received a Letter of Intent from Tennessee Valley Authority (TVA) to start evaluating sites to identify a potential lead plant site. B&W, TVA and a consortium of regional municipal and cooperative utilities executed a Memorandum of Understanding to explore the construction of a fleet of B&W mPower reactors to meet the consortium's need to diversify its power generation assets.

The mPower reactor design is a passively safe Advanced Light Water Reactor (ALWR) that includes an underground containment design to accommodate storage of used fuel for the planned 60-year life of the reactor. The design is scalable in power increments of 125 MW and provides for a five-year operating cycle without refueling.

B&W create a new business unit, B&W Modular Nuclear Energy, LLC, to lead the development of mPower reactor projects. The reactor will be manufactured at existing B&W facilities in North America.
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