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Meta Announces Up to 6.6 GW of Nuclear Projects to Power American AI

LCG, January 9, 2026--Meta today announced new, landmark agreements that will (i) extend and expand the operation of three existing nuclear power plants and (ii) drive the development of advanced nuclear technology. Meta's new agreements with Vistra, TerraPower, and Oklo follow Meta's request for proposals (RFP) issued last month. Meta expects these projects to deliver up to 6.6 GW of new and existing clean nuclear energy by 2035.

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Babcock & Wilcox Selects Siemens Energy to Supply Steam Turbine Generator Sets for Massive Applied Digital Data Center Power Project

LCG, January 8, 2026--Babcock & Wilcox (B&W) announced today that it has selected Siemens Energy to provide steam turbine generator sets for B&W’s groundbreaking project to install and deliver one GW of power for an Applied Digital AI Factory. B&W and Siemens have entered into an agreement for a limited notice to proceed to secure the turbine sets, which will enable B&W to deliver power for the project by the end of 2028. The estimated cost of the project is approximately $2 billion. The full contract release is expected in the first quarter of 2026.

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Industry News

Lack of Financing Delays 1,050-Megawatt Redlands, California Expansion

LCG, Apr. 5, 2002--Construction in progress on the Mountainview Power Plant in Redlands, Calif., has been stopped while AES Corp. seeks new sources of financing or a potential buyer for the project.

A company spokesman said that California's recent problems and Enron's collapse have contributed to difficulties in obtaining financing. The state Public Utilities Commission's spokesman Chris Davis said, "we were counting on it for the summer of '03." Davis thinks that as long as other projects proceed according to schedule, the delay at Mountainview, planned at 1,050 megawatts, should not have a major impact on the state.

Layoffs are expected to affect 400 workers who had been employed at the site, according to contractor Bechtel Corp.

Glen Davis, a senior vice president of AES Pacific, said of the financial community, "they are reluctant to fund new power generators and want to see how the California situation is played out. It's a combination of a volatile market and changes in rules by government."
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