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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

High-Performance Solar Module Manufacturing Facility Coming Soon to Arizona

LCG, December 27, 2021--Meyer Burger Technology AG announced today that it will establish a production site for high-performance solar modules in Goodyear, Arizona. The initial annual production capacity is expected to be 400 MW by the end of 2022, with the potential to scale to 1.5 GW capacity in the future. Production capacity will include capabilities to manufacture solar modules for residential, commercial/industrial rooftop, and utility-scale applications.

The Meyer Burger announced in September it would establish its first manufacturing facility outside of Europe in the United States. Factors attracting the company to Arizona include a diversified and talented workforce, proximity to customers, and strong partnerships on the ground in Arizona.

The CEO stated, “Meyer Burger is thrilled to be establishing roots in Arizona and expanding our footprint to the United States. My sincere thanks to our partners in Arizona for their support throughout this process. Solar energy will be critical to achieving U.S. and global clean energy goals, and our proprietary heterojunction cell technology and patented SmartWire module technology enable us to produce products of the highest quality and performance in order to offer our customers economically competitive solar components.”

The investment is an important step in meeting Meyer Burger's commitments to produce modules near end-customers, source material from regional suppliers, and improve overall sustainability by reducing transportation emissions and optimizing the carbon footprint of the company's solar modules. The development of a manufacturing facility in Arizona will provide flexibility, ease of access, and resilience for Meyer Burger's customers in the growing North American market.

The Governor of Arizona said, “We are thrilled Meyer Burger has chosen Goodyear for their first manufacturing facility in the U.S. The company's new solar module manufacturing facility will further enhance Arizona's standout reputation as a renewable energy leader.”
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