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Arizona's 1,200-MWh Papago Storage Project Commences Operations

LCG, July 7, 2025--Recurrent Energy, a subsidiary of Canadian Solar Inc., announced today that the 1,200 MWh Papago Storage facility in Maricopa County, Arizona, has achieved commercial operation. The project is now dispatching stored energy to Arizona Public Service (APS), the state's largest electric utility, in time to help meet rising electricity peak demands during the summer season.

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Public Service Company of Oklahoma Completes Acquisition of Green Country Power Plant

LCG, July 3, 2025--American Electric Power (AEP) announced today that on June 30, the 795-MW Green Country Power Plant officially became part of the generation portfolio of Public Service Company of Oklahoma (PSO), a unit of AEP.

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Industry News

Reuters Ranks Big Power Companies Worldwide

LCG, April 11, 2001When Germany's Eon announced its planned takeover of Britain's Powergen earlier this week, it said it would create the world's largest investor-owned electricity and gas utility when measured by market value.

Market value depends on the current trading price of a company's stock, so Reuters decided to rank the top dozen by sales of power, measured in megawatt-hours, and threw in government-owned utilities as well.

Here is Reuters' top twelve:

  1. RAO-UES of Russia (government-owned)
  2. Electricit de France (government-owned)
  3. Eon plus Powergen
  4. Tokyo Electric Power Co.
  5. Enel of Italy (government-owned)
  6. American Electric Power Co. Inc.
  7. RWE of Germany
  8. The Southern Co. of the U.S.
  9. TXU Corp. of the U.S.
  10. Endesa of Spain
  11. Electrobras of Brazil (government-owned)
  12. Scottish Power
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