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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

New York Energy Storage Deployment Program Awaits Governor's Signature

LCG, June 27, 2017--New York State legislators last week unanimously passed legislation that calls for the New York Public Service Commission (PSC) to develop an Energy Storage Deployment Program. If the legislation, Senate Bill 5190 and Assembly Bill 6571, is signed by the Governor, then the PSC will need to develop storage procurement targets for 2030 by the end of this year.

The legislation would require the PSC to start a proceeding to establish an Energy Storage Deployment Program for the State of New York within ninety days of the Bill's effective date. The legislation directs the PSC to work with the New York State Energy and Research Development Agency (NYSERDA) and the Long Island Power Authority (LIPA) to set the targets and develop the storage deployment program.

The sponsors of the legislation state that increased energy storage should improve grid reliability and create jobs. One legislator said, "Storage also increases the resiliency of the electric grid by supplying power in the event of an electrical outage. The creation of an energy storage deployment program will increase the installation of energy storage systems throughout the state and accelerate these benefits."

New York's Clean Energy Standard, which was approved in August 2016, requires that 50 percent of New York's electricity come from renewable resources by 2030 so as to reduce greenhouse gas emissions. With the increased reliance on intermittent renewable generation resources, like wind and solar, the need to rely on energy storage capacity will also rise.
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