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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

Outlook for Nuclear Power in Ontario is Bright

LCG, October 14, 2005--The Ontario government is expected to announce next week its approval to restart Units 1 and 2 of the Bruce A Nuclear Power Station near Kincardine in southwestern Ontario. The two, 750-MW nuclear units commenced operations in 1977 and were shut down in 1995 and 1997 by the prior owner, Ontario Power Generation (OPG).

In March 2005 it was announced by the government of Ontario that a tentative agreement had been reached with Bruce Power to restart Units 1 and 2 at the Bruce A nuclear generating station in Kincardine. At that time, the agreement was approved in principle by the boards of directors of the major partners of Bruce Power: Cameco Corporation, Transcanada Corporation, and BPC Generation Infrastructure Trust.

Negotiations have been on-going, and Ontario's new energy minister, Donna Cansfield, stated recently that "due diligence" and final wording are still being refined.

In order to reduce emissions and improve public health, the Ontario government committed to close nearly 7,600 MW of coal-fired, generating capacity by early 2009. The first of five coal plants, Lakeview Generating Station, with a capacity of 1,140 MW, was shutdown in April of this year. To compensate for the loss of generating capacity, the Ontario government is actively pursuing the development of new generating capacity from non-coal sources, together with demand-response projects.

Ontario has already been busy refurbishing reactors at the Pickering A nuclear station, located east of Toronto. The station originally commenced generating power in the early seventies and was placed in "voluntary lay-up" in 1997. The first of four Pickering A reactors was returned to service in September 2003. The refurbishment project was more than two years late and cost nearly three times the amount approved by the Board of Directors of OPG. Last month, Unit 1 also began generating power again. The 515-MW nuclear reactor is expected to be in full, commercial operation shortly. In August of this year, OPG announced its decision not to proceed with refurbishing Pickering A's units 2 and 3.

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