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News
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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
Southern Power Acquires Controlling Interest in California Solar Project
LCG, September 1, 2015--Southern Company subsidiary Southern Power yesterday announced the acquisition of a controlling interest (51 percent) in the 200-MW Tranquillity Solar Facility in California from Recurrent Energy, a subsidiary of Canadian Solar Inc. Recurrent Energy will retain the remaining interest in the project, which represents its first partnership with Southern Power.
The Tranquillity Solar Facility is scheduled to commence commercial operations in the fourth quarter of 2016. The electricity and associated renewable energy credits (RECs) generated by the facility will be sold under a 15-year power purchase agreement (PPA) to Southern California Edison. The project will support Southern California Edison???s efforts to meet the California Renewables Portfolio Standard (RPS) of 33 percent renewable energy by 2020 for Investor-Owned Utilities (IOUs).
Project construction began in July at the 1,900-acre site in Fresno County, California. The project includes the installation of over 800,000 polycrystalline photovoltaic (PV) solar modules that will be mounted on tracking tables. Signal Energy Constructors is managing the engineering, procurement and construction of the facility.
Southern Company???s Chairman, President and CEO stated, ???Southern Company's strategic solar expansion is helping diversify our energy mix while strengthening our industry leadership in solar. We will continue to develop the right projects and develop innovative solutions as we shape America's energy future."
In April, Southern Power announced the acquisition of a controlling interest in the 32-MW Lost Hills-Blackwell Solar Facility in California from First Solar, Inc. Southern Power has announced, acquired or is constructing more than 1,300 MW of renewable ownership, including six solar projects in California.
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