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 Announces Plans for 30 Nukes

LCG, August 29, 2003-Chinese officials have said that the country expects to build 30 nuclear plants over the next 17 years.

China suffers from serious air pollution troubles, due to its overwhelming dependence on coal as an energy source. For the last couple years the world's most populated country has been making serious efforts to limit its coal use, moving industries out of cities and looking into alterative fuel sources.

According to the People's Daily, the country is looking to add 32,000 to 40,000 megawatts of nuclear power capacity by 2020.

China approved construction of four nuclear plants this year, at a cost of roughly $6 billion. They will be built in Zeijiang province and Guangdong province.

Earlier this month China also announced it will go ahead with the construction of what will be its largest nuclear plant. The giant, $8 billion plant will be built in Yangjiang city and have a capacity of 6,000 megawatts.

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