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Hydrostor Announces Offtake Agreement with California Community Power for the Willow Rock Energy Storage Center

LCG, February 12, 2026--Hydrostor today announced that the Willow Rock Energy Storage Center has signed a 50 MW offtake agreement with California Community Power (CC Power) on behalf of six of its community choice aggregator members: CleanPowerSF, Peninsula Clean Energy, Redwood Coast Energy Authority, San Jose Clean Energy, Silicon Valley Clean Energy Authority and Valley Clean Energy Authority.

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VoltaGrid and INNIO Collaborate on 1.5 GW Deal for Behind-the-Meter Data Center Power Generation

LCG, February 4, 2026--Natura Resources LLC (Natura), a developer of advanced molten-salt nuclear reactors, announced yesterday that it has signed an agreement with NGL Water Solutions Permian LLC, a subsidiary of NGL Energy Partners LP (NGL), to pursue opportunities to combine Natura's advanced nuclear reactor technology with thermal desalination for power production and oil and gas produced water treatment. NGL transports, treats, recycles and disposes of more than 3 million barrels per day of produced and flowback water generated from crude oil and natural gas production in the Permian Basin.

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Industry News

Enron India Invokes Maharashtra's Debt Guarantee

LCG, Jan. 30, 2001Enron India, the builder and 65 percent owner of the big Dabhol electric power facility in India's Maharashtra state, has invoked a state guarantee to recover electric bills that have not been paid by the Maharashtra State Electricity Board.

"With monthly bills outstanding for both November and December 2000, Dabhol Power Co. has exercised its rights under the existing documents by drawing upon the Government of Maharashtra's guarantee," Enron India said in a statement.

Just weeks ago, Maharashtra state paid the state electricity board's October bill when Enron threatened to invoke the guarantee. Standing behind the state guarantee is the sovereign guarantee of the Indian federal government. If Enron were to invoke the federal guarantee it could prove an embarrassment for the Indian government at a time when it is attempting to paint India as an attractive venue for foreign investment.

Enron's move underscores difficulties faced by foreign investors dealing with India's state electricity boards. The boards, which are state-owned utilities, are generally corrupt to some degree, fail to collect their own bills from politically strong customers, and allow an average of one-third of the power they purchase to disappear from their transmission systems through theft and gifts to agricultural and other powerful interests.

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