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XGS Energy and Meta Announce Agreement on Advanced Geothermal Project in New Mexico

LCG, June 13, 2025--XGS Energy, Inc. (XGS) and Meta Platforms, Inc (Meta) yesterday announced an agreement to support the development of a next-generation, geothermal energy project that will provide clean power to Meta’s data centers in New Mexico.

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AES Announces Construction Complete on 1,000-MW, Solar-Plus-Storage Project in California

LCG, June 11, 2025--The AES Corporation (AES) announced today that it has completed construction of the 1,000 MW Bellefield 1 project, which is under a 15-year contract with Amazon. Bellefield is a two-phase project, with each phase including 500 MW of solar plus 500 MW of a four-hour, battery energy storage system (BESS). When Phase II is completed in 2026, the total installed capacity will be 2,000 MW, and AES expects the total project will be the largest solar-plus-storage facility in the United States.

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Industry News

Florida Governor Approves New Nuclear Reactors at FPL's Turkey Point Power Plant

LCG, May 15, 2015-The Governor of Florida and the State Cabinet approved the request from Florida Power & Light Company (FPL) to install two new nuclear reactors at the company's Turkey Point Plant, located approximately 25 miles south of Miami, Florida. The project approved includes nearly 90 miles of transmission lines in Miami-Dade County. The approval is an important step forward to provide FPL the option to construct the non-carbon emitting reactors.

FPL continues to seek approval for the site, construction and operation from the United States Nuclear Regulatory Commission (NRC). FPL submitted its application to the NRC for a combined license (COL) for two Westinghouse Advanced Passive 1000 (AP1000) Pressurized Water Reactors (PWRs) in June 2009.

FPL has not decided to construct the two, 1,100-MW reactors, and the operational dates for the reactors would likely not be until approximately 2022 and 2023.

The existing Turkey Point Plant includes two natural gas/oil conventional steam units (Units 1 and 2), two nuclear units (Units 3 and 4), one combined cycle natural gas unit (Unit 5), and nine small diesel generators.
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