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TVA Presents Third Quarter Fiscal Year 2025 Financial Results

LCG, July 29, 2025--The Tennessee Valley Authority (TVA) today reported third quarter fiscal year 2025 financial results, including $9.8 billion in total operating revenues on 121 billion kilowatt-hours of electricity sales for the nine months ending June 30, 2025. TVA reported total operating revenues had increased 11 percent over the same period last year, primarily due to higher rates and sales. TVA presented that sales of electricity increased 3 percent compared to the same period last year, primarily due to higher sales to residential and small customers, as well as increases within the data processing, hosting, and related services sector.

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DOE Announces Site Selection for Energy Infrastructure and AI Data Centers on Federal Lands

LCG, July 24, 2025--The U.S. Department of Energy (DOE) today announced the next steps in the Trump administration’s plan to accelerate the development of AI infrastructure by using Federal lands to lower energy costs and help power the global AI race, as previously outlined in President Trump’s Executive Orders on Accelerating Federal Permitting of Data Center Infrastructure, Deploying Advanced Nuclear Reactor Technologies for National Security, and Unleashing American Energy.

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Industry News

Nordex Awarded Contracts for a Total of 820 MW in the U.S.

LCG, January 11, 2018--The Nordex Group announced Tuesday that it was awarded three major contracts for 263 of its wind turbines that together will provide an installed electric generating capacity of 820 MW. The delivery of the turbines is scheduled to commence in the summer of 2018.

One of the two customers has ordered a total of 196 AW125/3150 turbines for two US projects with a capacity of 319 MW and 300 MW respectively. The order from the second customer is for 67 AW125/3000 turbines to be installed at a wind farm in Texas.
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