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NextEra Energy Resources and Basin Electric Power Cooperative Announce MOU to Develop 1,450-MW Natural Gas-fired Power Plant in North Dakota

LCG, December 8, 2025--Basin Electric Power Cooperative (Basin Electric) and NextEra Energy Resources, LLC (NextEra) today announced that they have signed a memorandum of understanding (MOU) to explore the joint development of the River Run Energy Center, a new combined-cycle natural gas-fueled generation facility in Basin Electric's North Dakota service territory. The proposed facility will have a planned capacity of approximately 1,450 MW.

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LCG Releases January–March 2026 PJM Congestion Outlook Featuring Fundamentals-Based 3-Month Forecast

LCG, December 2, 2025 — LCG today announced the release of its PJM Congestion Outlook for January–March 2026, delivering a fundamentals-based, three-month forecast designed to help traders and risk managers better navigate congestion risks in PJM’s FTR markets.

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Industry News

Arizona Solar Project Delivers 250 MW to the Grid

LCG, September 19, 2012--First Solar, Inc. recently announced that the Agua Caliente solar project reached a peak electric generating capacity of 250 MW (AC) connected to the grid. The Arizona project is claimed to be the largest operating solar photovoltaic (PV) power plant in the world. The total project electric generating capacity will be 290 MW when it is completed in 2014.

First Solar designed and is constructing the project using its advanced thin-film PV modules and will operate and maintain the facility for owners NRG Energy and MidAmerican Solar. The power output will be delivered to Pacific Gas and Electric Company (PG&E) through a 25-year power purchase agreement (PPA).

Project construction began in the fall of 2010 and solar module installation began in June of 2011. Commercial operation commenced in January 2012, when it began generating 30 MW to the grid. The phased project reached 100 MW of output this spring and 200 MW this summer.

The Agua Caliente project is being financed with support from a loan guarantee from the U.S. Department of Energy's Loan Programs Office.
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