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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

Army Corps Issues Permit for Cape Wind Project

LCG, January 7, 2011--The U.S. Army Corps of Engineers made its determination Wednesday to issue a Corps permit for the Cape Wind, LLC wind energy facility proposal to install wind turbines in Nantucket Sound, Massachusetts. The project developer has pursued government approval since 2001 and completed State and local permitting in 2009.

The 468-MW, Cape Wind Project will include 130, 3.6-MW wind turbines and will connect to the power grid via a 66.5-mile, buried submarine transmission cable system. Cape Wind, LLC has contracted with Siemens for the wind turbines, and Siemens may help finance the construction of the project. A Siemens spokesperson recently stated, "We have been in discussions to help finance debt and equity....We'd be willing to be a part if it's required."

The project developer plans to commence construction by the end of 2011 and to start delivering power to the grid by early 2013.

The U.S. Environmental Protection Agency (EPA) must still issue a permit for air emissions during construction.
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