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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

Start-up Delayed for Finnish Nuclear Plant

LCG, January 14, 2009--The Areva-Siemens Consortium stated yesterday that the Olkiluoto 3 nuclear power plant unit is now not scheduled for completion until 2012. The initial target for completing the Finnish project was 2009.

Finnish utility Teollisuuden Voima (TVO) stated that the Areva-Siemens Consortium, the turn-key supplier of the 1,600-MW nuclear power plant, filed an arbitration request over delays and overruns in the Olkiluoto 3 project and that the completion date has been delayed until June 2012.

The power plant incorporates AREVA's European Evolutionary Power Reactor (EPR). In the United States, Areva is acting to develop a fleet of nuclear reactors using AREVA's U.S. EPR design, which is a Generation III+ design based upon AREVA's European EPR.

In December 2007, AREVA filed its design certification application for the U.S. EPR with the Nuclear Regulatory Commission (NRC), and the NRC accepted the application for review in February 2008.
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