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

Britain Makes a Move to Standardize Market

LCG, April 15, 2002The British government will move on enacting the British Electricity Trading and Transmission Arrangements (BETTA), an attempt to open the whole British market so that conditions are equalized between England, Scotland, and Wales.

British Energy Brian Wilson is anticipated to propose energy market legislation which will give rise to a unified energy trading system.

When British energy was privatized eleven years ago, Scottish consumers paid about 7 percent less than their English counterparts because of their hydroelectric generators, but now Scottish prices are 9 percent higher than English prices.

BETTA is hoped to bring about 16 million worth of cuts to Scotland, as well as 35 million to the system as a whole. The plan will give Scottish generators better access to the British energy market.

Energywatch, a consumer watchdog group recently accused the industry of denying British consumers $575 million (400 million pounds) in possible rate cuts.

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