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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

Calpine Cuts Plant Development In 2002

LCG, Jan. 16, 2002--Calpine Corp. announced that it will not proceed this year with 34 power projects that have reached advanced-stage development, while 27 projects now under construction will move towards completion.

By curtailing the projects, the San Jose, Ca.-based company will wait for market prices to recover, and manage its debt load. The move reduces planned capital spending by nearly $2 billion, according to Calpine.

When market conditions improve, Calpine plans to expand its generation portfolio. "While 2002 will be a challenging year for the entire power industry, we believe the underlying, long-term growth in electricity demand, the historic swiftness with which power demand recovers in the wake of a recession, and the recent decisions by many of our competitors to curtail new plant construction wil all work to Calpine's favor," the company said.

Rating agencies Moody's and Standard & Poor's have considered the company to have an unfavorably high level of debt, and had rated its bonds below investment-grade in December of last year.

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