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RWE and Meta Announced New PPA for 200-MW Waterloo Solar Project

LCG, March 18, 2025--RWE and Meta today announced a new power purchase agreement (PPA) for offtake from RWE's 200-MW Waterloo Solar Project, which is located in Bastrop County, Texas. Under the agreement, Meta will purchase 100% of the output from the solar facility, which will support Meta's goal of matching its electricity needs with 100 percent clean energy. The project is scheduled to commence onsite construction in late 2025.

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CPUC Approves SDG&E's Westside Canal Battery Energy Storage Expansion Project

LCG, March 14, 2025--The California Public Utilities Commission (CPUC) approved an expansion of San Diego Gas & Electric's (SDG&E) Westside Canal Battery Energy Storage facility. The expansion project is located in California's Imperial Valley and will add 100 MW of energy storage capacity to the existing 131 MW facility. The new capacity is expected to be fully operational by June 2025. Upon completion, the Westside Canal facility, with a total capacity of 231 MW, will be the largest storage asset in SDG&E's utility-owned battery storage portfolio.

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Industry News

Texas PUC Approves Rate Increases for Fuel

LCG, Aug. 23, 2002--Texas' Public Utility Commission today allowed major retail power sellers in the state to increase their rates, based on higher natural gas prices.

The amount of the average increase for a customer of TXU Corp., Reliant Resources Inc. or American Electric Power Co. will be $4 a month, according to a company spokesman, Chris Schein. The rate cases cited higher natural gas costs incurred by the companies. While retail power rates in Texas are largely fixed until 2006, the fuel component is allowed to trigger rate increases up to twice annually, based on rules governing deregulation in the state.

When the rate increase was first sought, the Public Utility Commission did not immediately consider the applications by the three utilities. Two weeks ago, however, a judge issued an injunctive order to permit an increase unless the PUC found the case was not justified.
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