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X-energy and Dow Submit Application to the NRC to Construct an Advanced Nuclear Project in Texas

LCG, March 31, 2025--Dow and X-Energy Reactor Company, LLC ("X-energy") today announced the submission of a construction permit application to the U.S. Nuclear Regulatory Commission ("NRC") for a proposed advanced nuclear project in Seadrift, Texas. The proposed advanced small modular reactor ("SMR") project could begin construction later this decade and commence operations early next decade.

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Avangrid's 238-MW True North Solar Project Achieves Commercial Operation

LCG, March 27, 2025--Avangrid, Inc., a member of the Iberdrola Group, today announced that its True North Solar project, located in Falls County, Texas, has achieved commercial operation. The True North Solar project will deliver electricity into ERCOT and support Meta's operations, including Meta's upcoming data center in neighboring Temple, its second data center in Texas.

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Industry News

Utilities, Industrials to Invest $2 Billion in Brazil Power

LCG, Dec. 3, 2001--Electricit de France and Tractebel of Belgium, as well as aluminum producers Alcoa and Billiton Metals, said on Friday during the auction of 11 hydroelectric plants, that they would invest about $2 billion in Brazil's power sector.

The companies would add 2,700 megawatts of installed capacity to Brazilian generation resources over the next six years, they said. New power plants would be built in 10 states between 2003 and 2007.

The plan would do little to alleviate the current power shortage in Brazil, but was seen as a vote of confidence in the Brazilian economy. Jose Maria Abdo, head of Brazil's regulatory agency Agencia Nacional de Energia Eletrica (Aneel), said "This is a reflection of investors' confidence in spite of the period of economic instability."

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