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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

Chinese Officials to Boost Use of Renewables

LCG, May 27, 2004--The Chinese national government is seriously considering a law that would require increased use of renewable energy sources, such that renewables would provide 10% of electric power output by 2020, Dow Jones Newswires reports.

The law is now in draft form and being developed by two separate committees. According to Li Junfengand, a researcher at the Energy Research Institute, an arm of the National Development and Reform Commission, the law would force regional electric utilities to obtain minimum amounts of solar and wind power for their power grids. The draft forms of legislation are expected to be submitted to the National People's Congress before the end of the year.

At present, all forms of renewable energy in China that are used for electric power and other energy output together do not total 1%, relative to all forms of energy that are consumed. The law under consideration would require planning for new electric investments to account for renewable energy targets.

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