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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

Indonesia to Deregulate Electricity Transmission

LCG, October 1, 2002-The world's fourth most populous country will permit private companies to purchase electricity transmission assets.

Indonesia's Mines and Energy Minister Purnomo Yusgiantoro announced today that private investment will be allowed so long as the state companies lack the financial strength to develop power projects.

According to current law, private investors can own power generators in Indonesia but cannot disrupt the state power monopoly on transmission and distribution.

It was not announced whether or not companies interested in investing in Indonesian transmission will have to work with or pay fees to the country's state transmission monopoly, Perusahaan Listrik Negara.

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