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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

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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