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RWE Commissions the 200-MW Stoneridge Solar Project in Texas

LCG, November 26, 2025--RWE announced today the commissioning of the Stoneridge Solar project, located in Milam County, Texas. The project capacity is 200 MW of solar power, plus a battery energy storage system (BESS) that provides 100 MW (200 MWh) of battery storage capacity. The BESS improves the supply of short-term, reliable, affordable electricity in ERCOT.

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Oklo and Siemens Energy Sign Agreement to Accelerate Power Conversion System for New SMR in Idaho

LCG, November 19, 2025--Oklo Inc. and Siemens Energy announced today that the parties have signed a binding contract for the design and delivery of the power conversion system for Oklo’s Aurora-INL (Idaho National Laboratory) nuclear small modular reactor (SMR). The agreement authorizes Siemens Energy to begin engineering and design work to expedite procurement of long-lead components and to initiate the manufacturing process for the power conversion system. Oklo’s expertise in advanced fission technology will be combined with Siemens Energy’s extensive industry experience with steam turbine and generator systems, with the ultimate goal of generating carbon-free, reliable electricity.

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Industry News

Indonesians and Americans Battle over Indonesian Power Projects

LCG, April 3, 2002-Indonesian national oil and gas company Pertamina is fighting U.S. investors over $261 million regarding a suspended geothermal project.

During the Asian financial crisis a few years ago, several Indonesian power projects were suspended, including the West Java Karaha Bodas geothermal plant.

When plans to build the plant were cancelled, Kahara filed claims to retrieve its investment money from Pertamina. A Swiss arbitration panel ruled that Pertamina pay $261 million to Kahara, whose principal investors are FPL Energy LLC and Caithness Energy LLC, both U.S. companies.

However, a Central Jakarta district court ruled otherwise, and Pertamina insists that since the payment must be made in Indonesia and the Indonesian law refutes the Kahara claim, the Indonesian company has won after all.

$130 million of Pertamina's funds have been frozen, and the Indonesian ruling's impact on U.S proceedings has yet to be determined.

Several other legal disagreements relevant to energy investments are ongoing in Indonesia, the world's fourth most populated country.

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