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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

Ontario Announces C$7 Billion Agreement for Renewables

LCG, January 22, 2010--The Ontario government yesterday announced that it signed an agreement with a Korean consortium to invest C$7 billion to generate 2,500 MW of wind and solar power.

The consortium, led by Samsung C&T Corporation and the Korea Electric Power Corporation (KEPCO), will work with major partners to attract four manufacturing plants related to wind and solar technology for use in Ontario and export to the United States.

Dalton McGuinty, Premier of Ontario, stated, "Thanks to today's announcement, we will be delivering more green energy for Ontarians to use -- and more green energy products for North America to buy. With this step, Ontario is becoming the place to be for green energy manufacturing in North America."

McGuinty also stated, ?Above all this means that Ontario is officially the place to be for green energy manufacturing in North America? During the next several years the U.S. is going to build many many thousand of megawatts of energy from renewables. Someone is going to have to supply that technology.?

The massive new commitment toward renewable power follows revisions last year to Ontario Power Generation's (OPG) plans to close four coal-fired, power plants, with a combined generating capacity of 2,000 MW, four years ahead of schedule.
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