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

Russia Considers Electricity Reforms

LCG, April 29, 2002-The Russian Parliament will receive draft bills regarding widespread energy market reforms.

The plan, submitted today, is designed to appeal to foreign investorst. Generation and marketing units would be privatized, while provisions would be included that yield transmission to the government.

In addition to selling off state-controlled assets, the plan includes eliminating state control of electricity prices.

Former Prime Minister Anatoly Chubais, who now heads Russia's electricity monopoly Unified Energy Systems, developed the beginning stages of the plan.

Local governments and government-run factories that either cannot or do not pay for electricity have left Russian giant Unified Energy Systems fraught with debts.

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