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Invenergy Announces New Agreements with Meta for Renewable Energy to Support Data Center Operations

LCG, June 26, 2025--Invenergy today announced that they and Meta Platforms, Inc. have signed four new clean energy agreements that total an additional 791 MW of procured solar and wind capacity to support Meta's near-term operations, data center growth, and clean energy goals.

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New York Power Authority to Develop New Nuclear Facility in Upstate New York

LCG, June 23, 2025--The Governor of New York today directed the New York Power Authority (NYPA) to develop and construct an advanced nuclear power plant in upstate New York to deliver zero-emission power that supports a reliable and affordable electric grid. NYPA will lead the effort to develop at least one new nuclear energy facility with a combined capacity of at least one gigawatt (GW) of electricity, either alone or in partnership with private entities. The directive builds on the Governor’s 2025 State of the State to develop nuclear energy plans in New York.

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Industry News

India's Videocon Eyes Enron's Dabhol Power

LCG, Dec. 10, 2001--Indian consumer electronics and home appliance giant Videocon is looking for a partner with which to make a bid for Dabhol Power Co., the troubled Enron Corp. project that is India's largest single foreign investment.

Venugopal Dhoot, Videocon's chairman confirmed his company's interest to the Business Standard newspaper on Saturday.

"We are looking at acquiring stake in Dhabol," he said. "We are unlikely to go it alone and are looking at the possibility of roping in a multinational power company as a partner."

Videocon would buy Enron's 65 percent in Dabhol and the 10 percent shares owned by General Electric Co. and Bechtel Enterprises. The remaining 15 percent belongs to the Maharashtra State Electricity Board.

The paper said Videocon has already talked to the state government of Maharashtra and has written to the Industrial Development Bank of India, a key lender to Dhabol, expressing its interest in the company.

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