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Graphic Packaging and NextEra Energy Resources Sign 250-MW Virtual Power Purchase Agreement

LCG, April 29, 2026--Graphic Packaging Holding Company today announced a virtual power purchase agreement (VPPA) with NextEra Energy Resources, LLC. With the VPPA agreement, NextEra Energy Resources plans to build the Selenite Springs Energy Center, a 250-MW solar energy facility in West Texas, and Graphic Packaging will be the sole buyer of the facility's renewable energy attribute certificates. Graphic Packaging, a global provider of sustainable consumer packaging, expects the agreement to cover approximately 43 percent of its 2025 electricity usage in the U.S. and Canada. The agreement will advance Graphic Packaging's commitment to source renewable electricity and reduce its greenhouse gas (GHG) emissions.

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PJM Announces More Than 800 New Generation Projects Seek to Connect the Grid

LCG, April 29, 2026--PJM Interconnection today announced that 811 new generation projects applied to connect to the grid through the first Cycle of PJM's new reformed interconnection process, which is designed to improve the certainty, speed and discipline of generation project review. In total, the generation applications would be capable of generating 220 GW of electricity.

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Industry News

Governor Expands California Solar Roofs Plan

LCG, August 23, 2006--California Governor Schwarzenegger yesterday signed legislation to expand the California Solar Initiative. The plan is designed to result in one million solar roofs in California by 2018.

In January 2006, the California Public Utilities Commission (CPUC) approved the California Solar Initiative (CSI), a program designed to provide approximately $2.8 billion in incentives to spur development of approximately 3,000 MW of solar electric generating capacity over the period from 2006 through 2016.

With the Governor's approval yesterday of SB 1, elements of the Million Solar Roofs plan that the CPUC does not have the authority to mandate can now be implemented. For example, the plan will no longer by limited to Pacific Gas and Electric, Southern California Edison and San Diego Gas and Electric - the utilities regulated by the CPUC - but will be expanded to include the municipal-owned utilities, including the Los Angeles Department of Water and Power (LADWP) and the Sacramento Municipal Utilities Division (SMUD).

The new legislation will also increase the number of consumers that can sell surplus electricity back to the utilities by a factor of five (from 0.5 percent to 2.5 percent).

Another key element of SB 1 is that, commencing January 2011, it will require a developer of more than 50 new single family homes to offer a solar energy system alternative to all customers.

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