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Matrix Renewables Announces the Commissioning of Pleasant Valley Solar 1

LCG, April 15, 2025--Matrix Renewables announced today the successful commissioning of the Pleasant Valley Solar 1 power generation facility in Ada County, Idaho. The 200-MWac solar facility includes a Power Purchase Agreement (PPA) that was secured through negotiation with Meta and Idaho Power. Matrix Renewables states the facility is the largest operational solar facility in Idaho Power's system. Sundt Renewables, the Engineering, Procurement, and Construction (EPC) services provider, completed construction of the project on March 2nd.

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Duke Energy Seeks to Extend Operating License for Robinson Nuclear Plant

LCG, April 9, 2025--Duke Energy announced yesterday its submission of a subsequent license renewal (SLR) application to the U.S. Nuclear Regulatory Commission (NRC) for the Robinson Nuclear Plant, a 759-MW nuclear unit located near Hartsville, South Carolina. The application requests extending the plant's operations for an additional 20 years.

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Industry News

AES Completes Financing for 450 Bangladesh Megawatts

LCG, April 13, 2001AES Corp said yesterday its AES Meghnaghat Ltd. subsidiary has signed agreements with the Asian Development Bank, Infrastructure Development Company Ltd. and ANZ Investment Bank for the financing of its $300 million, 450 megawatt combined cycle gas-fired powerplant in Bangladesh.

The Meghnaghat plant and another 360 megawatt plant in Haripur are the first large-scale independent power programs in the country to be developed, financed and implemented under the Private Sector Power Generation Policy of Bangladesh.

AES will own and operate the Meghnaghat plant, which is located about 18 miles southeast of the capital city of Dhaka. Electricity will be sold to Bangladesh Power Development Board under a 22-year power purchase agreement at what AES claims is one of the lowest electricity prices ever offered.

Titas Gas Transmission and Distribution Co. Ltd., a wholly-owned subsidiary of state energycompany Petrobangla, will supply natural gas to the power plant for the term of the power purchaseagreement, AES said.

The plant is being designed and built by a consortium of Hyundai Engineering & Construction Co. Ltd. and Hyundai Heavy Industries Co. Ltd. and is expected to be completed by October of next year.

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