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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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DOE Selects TVA and Holtec to Rapidly Advance Deployment of Small Modular Reactors

LCG, December 2, 2025--The U.S. Department of Energy (DOE) today announced the selection of the Tennessee Valley Authority (TVA) and Holtec Government Services (Holtec) to support early deployments of advanced, light-water small modular reactors (SMRs) in the United States. With this announcement, DOE is supporting the first-mover teams to develop and construct the first Gen III+ small modular reactor (Gen III+ SMR) plants in the United States. The project teams will receive up to $800 million in federal cost-shared funding to advance initial projects in Tennessee (TVA) and Michigan (Holtec) and act to expand the Nation’s capacity while facilitating additional follow-on projects and associated supply chains.

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Industry News

First Solar Sells 139-MW Campo Verde Solar Project to Southern

LCG, April 24, 2013--First Solar, Inc. announced yesterday the sale of the Campo Verde Solar Project to Southern Power (a subsidiary of Southern Company) and Turner Renewable Energy. The acquisition is the fifth by the Southern Power-Turner Renewable Energy partnership.

The Campo Verde Solar Project is a 139-MW project, located on a 1,443-acre site in Imperial County, California. The project will employ First Solar's thin-film, photovoltaic (PV) modules. Under the terms of the agreement, First Solar will construct the project and then operate and maintain the facility for ten years. Construction of the project commenced last December, and commercial operation is scheduled to begin this fall.

The power output from the project will be purchased under a 20-year agreement by San Diego Gas & Electric Company (SDG&E), a subsidiary of Sempra Energy.

Southern Company Chairman, President and CEO stated, "By acquiring the Campo Verde Solar Project ? our largest solar installation to date ? we're more than doubling our solar capacity and increasing the diversity of our generation fleet."

California's Renewables Portfolio Standard (RPS) requires investor-owned utilities, publicly owned utilities, electric service providers and community choice aggregators to increase procurement from eligible renewable energy resources, like the Campo Verde Solar Project, to 33 percent of retail sales by the end of 2020.
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