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AES and Meta Announce PPAs to Provide 650 MW of Solar Capacity for Data Centers

LCG, May 22, 2025--The AES Corporation (AES) yesterday announced that it has entered into two, long-term Power Purchase Agreements (PPA) to support Meta's data centers with 650 MW of solar capacity from two AES projects that will be starting operation in the Southwest Power Pool (SPP). AES expects these two solar projects will provide economic benefits to communities in Texas and Kansas, including hundreds of new construction jobs and contributing millions in long-term tax revenue.

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TVA Submits First Construction Permit Application for SMR at Clinch River Site

LCG, May 21, 2025--The Tennessee Valley Authority (TVA) announced yesterday that it is the first utility in the U.S. to submit a construction permit application (CPA) for the GE Vernova Hitachi Nuclear Energy (GVH) small modular reactor (SMR) BWRX-300 technology to the U.S. Nuclear Regulatory Commission (NRC). The application is TVA's next step in pursuing an SMR at its Clinch River site, near Oak Ridge, Tennessee. Preliminary SMR site preparation could begin as soon as 2026.

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Industry News

Constellation Peaker Construction Finished

LCG, June 21, 2002--The Florida-based Oleander gas-fired peaking plant owned by Constellation Power is no longer under construction, and is scheduled to go online this summer.

The plant is made up of four combustion turbines, one of which was contracted last summer to provide firm power to Florida Power & Light from 2002 through summer 2003, and another of which will was to do so through mid-2005. Part of the output has been sold to Seminole Electric Cooperative as part of a seven-year power purchase agreement beginning this winter.

The plant is located in Brevard County, near Cocoa.
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