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RWE Commissions the 200-MW Stoneridge Solar Project in Texas

LCG, November 26, 2025--RWE announced today the commissioning of the Stoneridge Solar project, located in Milam County, Texas. The project capacity is 200 MW of solar power, plus a battery energy storage system (BESS) that provides 100 MW (200 MWh) of battery storage capacity. The BESS improves the supply of short-term, reliable, affordable electricity in ERCOT.

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Oklo and Siemens Energy Sign Agreement to Accelerate Power Conversion System for New SMR in Idaho

LCG, November 19, 2025--Oklo Inc. and Siemens Energy announced today that the parties have signed a binding contract for the design and delivery of the power conversion system for Oklo’s Aurora-INL (Idaho National Laboratory) nuclear small modular reactor (SMR). The agreement authorizes Siemens Energy to begin engineering and design work to expedite procurement of long-lead components and to initiate the manufacturing process for the power conversion system. Oklo’s expertise in advanced fission technology will be combined with Siemens Energy’s extensive industry experience with steam turbine and generator systems, with the ultimate goal of generating carbon-free, reliable electricity.

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Industry News

Dominion Energy Receives Approval for Coastal Virginia Offshore Wind Project

LCG, August 10, 2022--The Virginia State Corporation Commission (SCC) approved Dominion Energy’s 2.6-GW Coastal Virginia Offshore Wind project, which will be located approximately 27 miles off the coast of Virginia Beach. The project represents an investment of approximately $9.8 billion and will be the largest project of its kind in the United States. The schedule calls for construction to be complete in 2026.

The final order from the SCC affirms that the project meets all Virginia statutory requirements for rider cost recovery and the issuance of a Certificate of Public Convenience and Necessity (CPCN) for the onshore infrastructure. The order includes a performance requirement, but does not outline the details surrounding that requirement. The SCC approval also includes approximately 17 miles of new transmission lines and other onshore infrastructure needed to deliver the power into the grid in Virginia.

Dominion Energy’s Chair, President and CEO stated, “Our customers expect reliable, affordable energy, and offshore wind is key for delivering on that mission. We are very pleased that the commission has approved this important project that will benefit our customers. We are reviewing the specifics of the order, particularly the performance requirement.”

Dominion Energy expects the renewable project to save Virginia customers over $3 billion during its first 10 years in operation.

Offshore wind will increase both the diversity of Dominion Energy’s resource portfolio, which includes carbon-free nuclear, solar, together with energy storage, and the ability of the company to achieve its net zero target for carbon emissions. In particular, offshore wind complements the company's growing solar portfolio in Virginia, since offshore wind and solar generate peak energy at different times throughout the day and year.
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