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XGS Energy and Meta Announce Agreement on Advanced Geothermal Project in New Mexico

LCG, June 13, 2025--XGS Energy, Inc. (XGS) and Meta Platforms, Inc (Meta) yesterday announced an agreement to support the development of a next-generation, geothermal energy project that will provide clean power to Meta’s data centers in New Mexico.

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AES Announces Construction Complete on 1,000-MW, Solar-Plus-Storage Project in California

LCG, June 11, 2025--The AES Corporation (AES) announced today that it has completed construction of the 1,000 MW Bellefield 1 project, which is under a 15-year contract with Amazon. Bellefield is a two-phase project, with each phase including 500 MW of solar plus 500 MW of a four-hour, battery energy storage system (BESS). When Phase II is completed in 2026, the total installed capacity will be 2,000 MW, and AES expects the total project will be the largest solar-plus-storage facility in the United States.

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Industry News

NRG Completes Construction Milestone on 250-MW Solar Project in California (Correction)

LCG, June 28, 2013--NRG Energy, Inc. announced that it completed installation of the final photovoltaic (PV) panel at its 250-MW California Valley Solar Ranch (CVSR) on Wednesday. Construction commenced in September 2011, and the project began its first phase of operation last year. The project is scheduled to be fully completed by October. The power generated by the solar PV arrays is purchased by Pacific Gas and Electric (PG&E) under a 25-year power purchase agreement (PPA).

California Valley Solar Ranch is located in eastern San Luis Obispo County. The project was originally designed and constructed by SunPower and Bechtel. The project employs the SunPower T0 Tracker system that tracks the sun? movement during the day in order to increase energy capture relative to conventional, fixed-tilt systems. NRG states that California Valley Solar Ranch will be the world? largest solar PV plant using tracker technology.

California passed a Renewable Portfolio Standard (RPS) that requires utilities to increase their electric supply procurement of eligible renewable generating resources, including a target requirement of 33 percent in 2020. The completion of California Valley Solar Ranch is a positive step for PG&E in achieving this target.
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