News
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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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
AEP Ohio Plans 49.9-MW Solar Project in Ohio
LCG, October 8, 2010--AEP Ohio, a unit of American Electric Power, announced Tuesday that it signed a memorandum of understanding (MOU) to negotiate a 20-year, power purchase agreement (PPA) for the energy generated from a 49.9-MW solar energy project with Turning Point Solar LLC, a joint venture of Agile Energy Inc. and New Harvest Power.
The planned solar power plant will be located on a 500-acre site in southeastern Ohio that includes reclaimed lands owned by AEP Ohio. The project will be constructed in three phases, with approximately 20 MW scheduled to commence commercial operation by late 2012. Phase 2 will add 15 MW and be operational by the end of 2013, while Phase 3 will begin delivering power to the grid by the end of 2014.
In 2008, Ohio passed Senate Bill 221, which includes alternative and renewable energy generation and procurement requirements for all retail electricity providers except municipal utilities and electric cooperatives. The legislation requires retail electricity providers to provide 25% of their retail electricity supply from alternative energy resources by 2025 and includes solar carve-outs. AEP Ohio is required to rely upon solar to supply 0.06 percent of its load in 2012, 0.09 percent in 2013, and 0.12 percent in 2014, with a requirement of 0.5 percent by the end of 2024 and thereafter.
In addition to construction jobs, it is anticipated that the project will bring 300 permanent jobs to Ohio through Turning Point's negotiations with Prius and Isofoton, solar equipment manufacturers from Spain, to supply monocrystalline solar PV modules and solar trackers for the project from new manufacturing facilities constructed in Ohio.
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