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

Sempra and Indonesian Co. May Strike LNG Deal

LCG, August 14, 2003BP Migas is planning to send representatives to the U.S. in order to sell liquefied natural gas to Sempra Energy.

Indonesia is one of the worlds leading LNG providers and recently signed a contract with Mexico for three to six million tons of LNG per year, starting in 2007. Indonesia currently exports over 23 million tons of LNG, mostly to Asia.

BP Migas intends to meet with Sempra at the end of August and hopes to sign a preliminary agreement regarding a possible LNG contract.

Meanwhile, several U.S. companies are looking into developing LNG terminals on the Pacific Coast of North America, particularly in Mexicos Baja California. Federal Reserve Chairman Alan Greenspan has endorsed such action, warning that a lack of natural gas may hamper economic recovery.

Currently LNG comprises only one percent of the nations consumed natural gas.

Sempra is based in San Diego, California and is the parent company to utility San Diego Gas & Electric.

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