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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

Two SoCal Ed Bills ClearCalifornia Assembly Panel

LCG, July 19, 2001The California state Assembly Energy Cost and Availability Committee came to a fork in the road last night and took both routes, voting in favor of two widely divergent measures aimed at providing cash to nearly-bankrupt Southern California Edison Co.

The panel voted 11-9 in favor of a bill that would pay SoCal Ed $2.4 billion for its transmission assets. The measure also relies on power producers to reduce their claims against the utility for unpaid bills by 30 percent.

Critics of the bill complain that it is too complicated and say it might be better to let SoCal Ed join Pacific Gas & Electric Co. in bankruptcy court. But proponents counter that keeping the utility out of bankruptcy is crucial to getting the state out of the power purchasing business.

Democrat Assemblyman Fred Keeley of Boulder Creek conceded the measure was complicated but said lawmakers sometimes have to deal with messy situations. "If this was easy, or if this was simple, we wouldn't call it a crisis," he said before the vote. "This is far beyond a problem or a policy that we can debate and as a consequence the solutions are neither simple or easy."

Late last night, the Assembly Appropriations Committee approved the bill 12 to 6, and it could come to a floor vote as early as today.

A second bill that cleared the Assembly committee by a 12-3 vote was described by its author, Los Angeles Democrat Rod Wright, as a "straight bailout." The state would back a $3.5 billion SoCal Ed bond issue and be repaid through a $2 per month charge on customer bills.

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