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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

Solar Project Will Serve 400,000 in Rural Philippines

LCG, Feb. 7, 2002--A rural section of the Philippines' island province of Mindanao is a party to an agreement with Spain and BP Solar for the installation of solar power for lighting and water systems in a remote, undeveloped area.

Spain will provide 2.4 billion pesos ($48 million) of aid for the project, coordinated by Agrarian Reform Secretary Hernani Braganza. Approximately one-third of the country's poor live in Mindanao. The project is seen as a more cost-effective way to provide power than connecting the area to the main National Power Corp. transmission network and transporting fuel for local generators.

The first of two phases in the installation process will begin in September, and will provide lighting to 5,500 families. Later, 25 irrigation systems and 97 systems to process and distribute drinking water will be installed. Eventually, 68 schools and community centers and 79 health clinics will be electrified. The second phase will also provide lighting for an additional 9,500 homes.
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