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Tokyo-based Electric Power Subsidiary partners with AP Solar in 400 MW Texas Solar Project

LCG, August 6, 2020—J-Power USA Development Co, a subsidiary of the Electric Power Development Co. headquartered in Tokyo, has joined a joint venture to develop a 400 MW Texas solar project.

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Texas Solar Project Sold to CIP

LCG, July 31, 2020—An affiliate of Copenhagen Infrastructure Partners has completed purchase of a 350 MW solar photovoltaic project near the Houston metro area from Solar Plus Development Inc. and Avondale Solar.

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Industry News

PNM to Sell Wholesale Power to Navopache Co-op

LCG, July 11, 2000--Public Service Co. of New Mexico said yesterday it has begun providing more than 50 megawatts of power to Navopache Electric Cooperative under a long-term wholesale contract.

Navopache, which serves more than 25,000 members in rural Arizona and New Mexico, had beena member of Plains Electric Generation and Transmission Cooperative but decided to switch to PNM when Plains merged with Tri-State Generation and Transmission Association July 1.

According to PNM, the 10-year contract with the co-op is expected to increase PNM power sales by about 300,000 megawatt-hours annually, generating an additional $12 million a year in revenues. The utility sold more than 11 million megawatt-hours of wholesale power last year, a 27 percent gain over 1998.

For Navopache, the co-ops chief executive Vernon Hollimon said "Our challenge was to help our members save money, and I think we've successfully done that by choosing to get our power from PNM."

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