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Invenergy Announces New Agreements with Meta for Renewable Energy to Support Data Center Operations

LCG, June 26, 2025--Invenergy today announced that they and Meta Platforms, Inc. have signed four new clean energy agreements that total an additional 791 MW of procured solar and wind capacity to support Meta's near-term operations, data center growth, and clean energy goals.

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New York Power Authority to Develop New Nuclear Facility in Upstate New York

LCG, June 23, 2025--The Governor of New York today directed the New York Power Authority (NYPA) to develop and construct an advanced nuclear power plant in upstate New York to deliver zero-emission power that supports a reliable and affordable electric grid. NYPA will lead the effort to develop at least one new nuclear energy facility with a combined capacity of at least one gigawatt (GW) of electricity, either alone or in partnership with private entities. The directive builds on the Governor’s 2025 State of the State to develop nuclear energy plans in New York.

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Industry News

China to Officially Dismantle National Energy December 29

LCG, December 18, 2002-Chinese officials will conduct a ceremony on December 29 to mark the decentralization of China's electricity assets.

In April, Chinese Officials announced that the State Power Corporation, which controls over half of Chinese electricity generation and all of the transmission, would be split into several smaller companies. Now China has set an official date to the breakup.

The state transmission assets will be under the control of two companies. The southern transmission company will be responsible for Guizhou, Hainan, Guangdong, Guangxi, and Yunnan provinces, while the northern transmission company will be responsible for all other provinces.

All of the generation assets will be split between five new companies. Each of those companies will have a unit made up of one of the following already existing companies: Beijing Datang Power Generation Company, Shandong International Power Development, SP Power Development, China Power Holdings, and Huaneng Power International. These companies will serve as fundraising units.

December 29 will also mark the creation of a new government body, the State Electricity Regulatory Commission.

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