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RWE and Meta Announced New PPA for 200-MW Waterloo Solar Project

LCG, March 18, 2025--RWE and Meta today announced a new power purchase agreement (PPA) for offtake from RWE's 200-MW Waterloo Solar Project, which is located in Bastrop County, Texas. Under the agreement, Meta will purchase 100% of the output from the solar facility, which will support Meta's goal of matching its electricity needs with 100 percent clean energy. The project is scheduled to commence onsite construction in late 2025.

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CPUC Approves SDG&E's Westside Canal Battery Energy Storage Expansion Project

LCG, March 14, 2025--The California Public Utilities Commission (CPUC) approved an expansion of San Diego Gas & Electric's (SDG&E) Westside Canal Battery Energy Storage facility. The expansion project is located in California's Imperial Valley and will add 100 MW of energy storage capacity to the existing 131 MW facility. The new capacity is expected to be fully operational by June 2025. Upon completion, the Westside Canal facility, with a total capacity of 231 MW, will be the largest storage asset in SDG&E's utility-owned battery storage portfolio.

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Industry News

NV Energy Offers Commercial Customers Low-Cost Renewable Energy Rate Option

LCG, March 7, 2019--NV Energy filed additional information with the Public Utilities Commission of Nevada (PUCN) about the Nevada GreenEnergy Rider (NGR 2.0) last week that makes available over a million megawatt hours of renewable energy resources for large commercial customers.

NV Energy's president and chief executive officer stated, "We believe we are the best energy partner for our customers and will continue to work closely with them to keep them as fully-bundled customers. NGR 2.0 offers eligible customers the ability to pay a rate directly tied to low-cost, Nevada-based solar resources, which is in line with our own philosophy to provide all of our customers with clean energy, while keeping rates low. This sustainable energy solution is a win-win as eligible customers will reduce their energy costs while NV Energy retains the renewable energy credits in order to comply with Nevada's renewable portfolio standard for the benefit of all customers."

The NGR 2.0 offering will reduce the cost most eligible commercial customers, including casinos and government entities, pay for electric service. Commercial customers who use a minimum of 8,760 megawatt hours of energy and have a load factor of 50 percent with an annual usage of one megawatt or more are eligible to participate. Governmental entities need only use 8,760 megawatt hours of energy annually.

The initial allotments for the renewable energy rate include up to 565,000 megawatt hours of solar for southern Nevada customers and 375,000 megawatt hours for those in the north.

The new NV Energy offering aims to retain existing customers and to avoid customers discontinuing electric service from NV Energy.

NV Energy will use an "open window" period for enrollment, which includes a first-in-time, first-in-right approach to designate renewable energy allotments. The first enrollment window will open on March 18, 2019, and will remain open until the resource pool is full.
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