TotalEnergies, PJM Power Capacity Auction, Missouri Solar Project: Your Daily Energy News

News highlights gathered by Industrial Info and IIR Energy (Sugar Land, Texas) dealing with the energy markets.

LNG
TotalEnergies to Hold 10% Stake in Train 4 at Rio Grande LNG Facility - TotalEnergies SE (Courbevoie, France) will take a 10% stake in a joint venture with liquefied natural gas (LNG) producer NextDecade Corporation (Houston, Texas) for a fourth liquefaction train of the Rio Grande LNG project in Texas, it said on Wednesday. On Tuesday, NextDecade reached a positive final investment decision on Train 4, which is set to go live in 2030 and has an expected production capacity of nearly 6 million metric tons per year. Subscribers to Industrial Info's Global Market Intelligence (GMI) Production Project Database can learn more by viewing the project report. (Reuters)

POWER
PJM Power Auctions Hit Maximum Approved Price - Power capacity auction prices for 2026-2027 in the PJM power network hit the maximum price approved by regulators, highlighting how prices have soared over the last two years on the back of rocketing demand from data centers. System demand will rise by 32 gigawatts (GW) by 2030, and 30 GW of this will be from data centers, PJM forecasts. Other drivers include vehicle and building heating system electrification and manufacturing growth. PJM is the biggest U.S. regional transmission organization and serves 67 million people spread across 13 states in the eastern U.S. plus the District of Columbia. The area includes the greatest concentration of data centers in the U.S. in northern Virginia. (Reuters)

Cordelio Brings Missouri Solar Project Online - Cordelio Power (Toronto, Ontario) has brought its 150-megawatt Winfield solar project online in Lincoln County, Missouri. The solar park will sell all of its power to Microsoft (Redmond, Washington) under a 15-year contract, Cordelio said on Tuesday. Subscribers to Industrial Info's GMI Project Database can learn more by viewing the related project reports. (Reuters)

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About Industrial Info
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking over 200,000 current and future projects worth $17.8 trillion (USD).