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

440-MW Plant Starting Up in Ontario

LCG, January 10, 2003--A cogeneration plant that will provide steam to several industrial facilities and electricity under contract and on the spot market should go online in Ontario by the middle of the month, according to TransAlta Corp.

The 440-megawatt plant was expected to go online earlier, but was delayed by difficulties during construction. TransAlta intends to arrange further long-term contracts for the electric output, but is not rushing to do so. Some of the plant's capacity will continue to be made available through the spot market, in which prices have recently retreated, due to a cap that was imposed by the Ontario government on retail prices in December. The cap, which is intended to last until 2006 and was enacted in response to complaints from retail power buyers about rising prices, has created uncertainty among and criticism by developers.

"Government intervention on what's supposed to be a free market obviously concerns us," said spokeswoman Nadine Walz. "We're not putting another penny in (Ontario) until the uncertainty is figured out."

The Sarnia plant, located at the southern edge of Ontario, is home to an existing 210-megawatt steam turbine which brings the entire output at the plant to about 650 megawatts.
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