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RWE Commissions the 200-MW Stoneridge Solar Project in Texas

LCG, November 26, 2025--RWE announced today the commissioning of the Stoneridge Solar project, located in Milam County, Texas. The project capacity is 200 MW of solar power, plus a battery energy storage system (BESS) that provides 100 MW (200 MWh) of battery storage capacity. The BESS improves the supply of short-term, reliable, affordable electricity in ERCOT.

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Oklo and Siemens Energy Sign Agreement to Accelerate Power Conversion System for New SMR in Idaho

LCG, November 19, 2025--Oklo Inc. and Siemens Energy announced today that the parties have signed a binding contract for the design and delivery of the power conversion system for Oklo’s Aurora-INL (Idaho National Laboratory) nuclear small modular reactor (SMR). The agreement authorizes Siemens Energy to begin engineering and design work to expedite procurement of long-lead components and to initiate the manufacturing process for the power conversion system. Oklo’s expertise in advanced fission technology will be combined with Siemens Energy’s extensive industry experience with steam turbine and generator systems, with the ultimate goal of generating carbon-free, reliable electricity.

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Industry News

LIPA Approves Contract to Purchase Power from 90-MW Offshore Wind Project

LCG, January 26, 2017--The Governor of New York Wednesday announced the Board of Trustees of the Long Island Power Authority (LIPA) voted to approve the offshore South Fork Wind Farm development, located approximately 30 miles southeast of Montauk, New York. The 90-MW, 15-turbine wind project will be installed in federally leased waters. The project is scheduled to be operational by December 2022.

The LIPA Board approved a contract submitted by Deepwater Wind for the South Fork Wind Farm after a year-long process engaging the private sector for clean energy generation ideas. Other elements of LIPA's South Fork energy portfolio include transmission enhancements and additional clean energy solutions, such as battery storage and consumer electricity demand reduction.

The LIPA Board approved a 20-year pay-for-performance Power Purchase Agreement (PPA), allowing the utility to only pay for delivered energy.

The 90-MW wind farm will be the initial step towards what the Governor of New York hopes will lead to the development of up to 2,400 GW of offshore wind in the area by 2030. The new offshore wind capacity is targeted in order to achieve the State's aggressive energy plan, which includes a goal of using 50 percent renewable energy by 2030.

The need for additional electric generating capacity is also driven by the fact that earlier this month the State reached an agreement with Entergy to close the 2,000-MW Indian Point Energy Center, with its two, carbon-free nuclear reactors. At the State's request, the agreement calls for the two units to retire in 2020 and 2021, which is 13 and 14 years earlier than required under the anticipated federal re-licensing terms.
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