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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

GE Increases Investments in Texas Wind Projects

LCG, November 2, 2007--GE Energy Financial Services, a unit of General Electric Company, announced yesterday its investment in a wind farm located in west Texas with Invenergy Wind LLC. Construction began this summer, and the project is scheduled to commence operations in April 2008.

The project, the Stanton Wind Energy LLC project, has a design capacity of 120-MW and will include 80 GE 1.5-Mw wind turbines. The project will interconnect with the Midland East to Big Springs West 138 kV line. Electricity generated by the project will be sold into the ERCOT market.

According to GE Energy Financial Services, the company holds equity in 51 wind farms around the world, with an electric generating capacity of over 2.5 GW. GE plans to double its more than $2 billion of renewable energy investments by 2010.
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