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Meta Announces Up to 6.6 GW of Nuclear Projects to Power American AI

LCG, January 9, 2026--Meta today announced new, landmark agreements that will (i) extend and expand the operation of three existing nuclear power plants and (ii) drive the development of advanced nuclear technology. Meta's new agreements with Vistra, TerraPower, and Oklo follow Meta's request for proposals (RFP) issued last month. Meta expects these projects to deliver up to 6.6 GW of new and existing clean nuclear energy by 2035.

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Babcock & Wilcox Selects Siemens Energy to Supply Steam Turbine Generator Sets for Massive Applied Digital Data Center Power Project

LCG, January 8, 2026--Babcock & Wilcox (B&W) announced today that it has selected Siemens Energy to provide steam turbine generator sets for B&W’s groundbreaking project to install and deliver one GW of power for an Applied Digital AI Factory. B&W and Siemens have entered into an agreement for a limited notice to proceed to secure the turbine sets, which will enable B&W to deliver power for the project by the end of 2028. The estimated cost of the project is approximately $2 billion. The full contract release is expected in the first quarter of 2026.

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Industry News

First Solar and Southern California Edison Announce Agreement for 500 MW of new Solar Generating Capacity

LCG, January 20, 2016--First Solar, Inc. and Southern California Edison (SCE) yesterday announced that they have executed Power Purchase Agreements (PPAs) for the power generated by four solar projects totaling 500 MW (AC) of electric generating capacity. Two project sites are in California, with the other two sites in Nevada and Arizona. All four projects are currently in development by First Solar and are scheduled to commence operations by the end of 2019.

The first project is the 150-MW North Rosamond Solar Project, which will be constructed on a 1,175-acre site in Rosamond, California. The 100-MW Willow Springs Solar Project will be built near the North Rosamond Solar Project on a 1,450-acre site. The 100-MW Sunshine Valley Solar Project will be located in Amargosa, Nevada, which is less than four miles from the California border. The fourth project is the 150-MW Sun Streams Solar Project that will be installed on a 1,500 acre-site of in Tonopah, Arizona.

SCE is regulated and impacted by the California's Renewables Portfolio Standard (RPS) that was established by legislation enacted in 2002. Subsequent amendments now set RPS requirements for California's electric utilities to have 50 percent of their retail sales derived from eligible renewable energy resources in 2030 and all subsequent years. Interim RPS goals include 25 percent of retail sales by December 31, 2016.
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