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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

China Sets Pollution Standards, Promotes Wind Power

LCG, April 29, 2002-The Standing Committee of the 9th National People's Congress passed a new clean production law, and the State Economic and Trade Commission gave wind-generation a fifty percent tax break.

Recently China has made major efforts to reverse a history of environmental woe, which categorized nine of its cities in the top ten most air polluted cities worldwide. China's hasty economic growth has traditionally left environmental issues in the dust; clean production concepts were born in 1993 but more recently individual Chinese cities have attempted to limit coal dependency. Beijing has taken drastic measures, moving or eliminating much of its coal-dependent industry in anticipation of the 2008 Olympics.

The pending law will make governmental bodies more responsible for clean production in all aspects of industry. Equipment maintenance, energy production, product design, and processing technology will all be addressed, according to Chinese officials.

The bill contains three types of regulations: directive, compulsory, and voluntary requirements.

One aspect of the draft includes significant tax breaks for renewable energy. Wind energy will be provided at lower cost because taxes will be reduced by fifty percent in attempt to make wind generation more competitive with coal and hydropower. Until this legislation, wind received no special tax benefits over other generating facilities.

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