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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

PetroWorld Develops Floating Methanol Plant

LCG, July 29, 2003Several petroleum companies have joined forces to develop a floating methanol plant.

Transworld Exploration and the Petroleum Oil and Gas Corporation of South Africa have formed the joint venture PetroWorld Limited, which itself has joined with New Jersey-based Foster Wheeler Power Systems and Texas-based Starchem Technologies and Waller Marine Inc. The companies are interested in accessing stranded natural gas reserves and converting the gas into methanol.

Much of the worlds natural gas reserves lie untouched under remote parts of the ocean. Transporting the gas by refrigerated tankers is not efficient or affordable. Converting the gas to a liquid such as methanol allows the fuel to be transported as a liquid on ordinary tankers. However, traditional methods of converting natural gas to methanol cannot be applied directly to a floating system because of size and safety considerations. Starchem Technologies, Waller Marine, and Foster Wheeler Power Systems are apparently engineering realistic methanol floating plants, which may be deployed within three years of project finalization.

The floating plant will be able to produce roughly 12,000-15,000 tons of methanol per day.

Methanol, also known as wood alcohol, can fuel cars and other devices. The chemical has only one carbon atom, one less than ethanol. Methanol is lethal if ingested by humans but burns very cleanly when used as fuel.

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