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News
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LCG, April 29, 2026--Graphic Packaging Holding Company today announced a virtual power purchase agreement (VPPA) with NextEra Energy Resources, LLC. With the VPPA agreement, NextEra Energy Resources plans to build the Selenite Springs Energy Center, a 250-MW solar energy facility in West Texas, and Graphic Packaging will be the sole buyer of the facility's renewable energy attribute certificates. Graphic Packaging, a global provider of sustainable consumer packaging, expects the agreement to cover approximately 43 percent of its 2025 electricity usage in the U.S. and Canada. The agreement will advance Graphic Packaging's commitment to source renewable electricity and reduce its greenhouse gas (GHG) emissions.
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LCG, April 29, 2026--PJM Interconnection today announced that 811 new generation projects applied to connect to the grid through the first Cycle of PJM's new reformed interconnection process, which is designed to improve the certainty, speed and discipline of generation project review. In total, the generation applications would be capable of generating 220 GW of electricity.
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Industry News
Southern Power Acquires Controlling Interest in Texas Solar PV Project
LCG, December 1, 2015-Southern Company subsidiary Southern Power yesterday announced the acquisition of a controlling interest in the 157-MW Roserock solar photovoltaic (PV) facility from Recurrent Energy, a subsidiary of Canadian Solar. Recurrent Energy, the project developer, will retain the remaining interest. The project is currently under construction and scheduled to commence commercial operation in the fourth quarter of next year. The electricity and associated renewable energy credits (RECs) generated by the facility will be sold under a 20-year power purchase agreement (PPA) to Austin Energy.
Southern Power will acquire 51% of the equity in the Roserock project. Canadian Solar will retain 49% ownership and contribute its share of the investment required to complete the construction of the project, which Canadian Solar has financed through a construction and back-leveraged loan facility with a syndicate of five banks.
The Roserock solar project is located in west Texas on 1,300 acres of land in Pecos County. The solar PV facility will use approximately 700,000 Canadian Solar CS6X-P PV solar modules that will be mounted on single axis trackers, which will increase the daily energy produced by each module.
Southern Power's 20th solar acquisition, the Roserock solar facility, builds on Southern Power's business strategy of growing its wholesale business through the acquisition and construction of generating assets substantially covered by long-term contracts. Southern Power's President and CEO stated, "Southern Power's first solar project in Texas helps further the company's robust wholesale business and further expands our solar footprint. With strategic acquisitions nationally, the continued development of industry-leading assets aligns with our company's low-risk strategy and enhances one of America's largest renewable portfolios."
Canadian Solar Inc. Chairman and CEO stated, "Cost-competitive, large-scale solar power has enormous potential in Texas. The Roserock project and Recurrent Energy's solar project pipeline in the state are each important steps forward as Texas approaches the more than 13 gigawatts (GW) of solar that has been forecasted across the state."
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UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
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UPLAN-ACE
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UPLAN-G
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PLATO
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