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XGS Energy and Meta Announce Agreement on Advanced Geothermal Project in New Mexico

LCG, June 13, 2025--XGS Energy, Inc. (XGS) and Meta Platforms, Inc (Meta) yesterday announced an agreement to support the development of a next-generation, geothermal energy project that will provide clean power to Meta’s data centers in New Mexico.

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AES Announces Construction Complete on 1,000-MW, Solar-Plus-Storage Project in California

LCG, June 11, 2025--The AES Corporation (AES) announced today that it has completed construction of the 1,000 MW Bellefield 1 project, which is under a 15-year contract with Amazon. Bellefield is a two-phase project, with each phase including 500 MW of solar plus 500 MW of a four-hour, battery energy storage system (BESS). When Phase II is completed in 2026, the total installed capacity will be 2,000 MW, and AES expects the total project will be the largest solar-plus-storage facility in the United States.

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Industry News

Florida Approves Calpine 529 Megawatter

LCG, June 28, 2001Calpine Corp. said this morning that the Florida Power Plant Siting Board had granted final state regulatory approval for its proposed 529 megawatt Osprey Energy Center, to be located in Auburndale, east of Tampa in central Florida.

The Siting Board, comprised of Gov. Jeb Bush and the state's independently elected cabinet, voted unanimously for approval.

Calpine said it is the first independent power producer to receive approval of a Site Certification Application for a large-scale combined-cycle generating facility under Florida's complex Power Plant Siting Act.

The company said it would begin construction later this year but did not say when commercial operation could be expected. Fuel for the plant will be supplied by the new Gulfstream Pipeline, which is currently under construction.

The Osprey Energy Center will provide output under long-term contract to Seminole Electric Cooperative Inc.

Bob Alff, Calpine senior vice president and head of its east region portfolio said "We are greatly pleased to be the first independent power producer to successfully navigate Florida's difficult power plant approval process."

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