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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

Bruce Power Stops Efforts to Develop Nuclear Power in Alberta

LCG, December 15, 2011--Bruce Power announced Monday that it will no longer pursue the development of a new nuclear power plant in Alberta. Bruce Power's President and Chief Executive Officer stated, "Throughout our existence at Bruce Power we've looked at a number of potential business development opportunities. We've decided the new nuclear option in Alberta is not something our company will be progressing further."

Bruce Power purchased the assets of Energy Alberta Corp., which applied in August 2007 to build two reactors with a combined net generating capacity of 2,100 MW near Peace River in Alberta. In March 2008, Bruce Power submitted an application to the Canadian Nuclear Safety Commission (CNSC) to prepare a site to construct as many as four nuclear reactors in northwestern Alberta. The estimated cost in 2008 was over $8 billion, and the electric generating capacity would be up to 4,000 MW.

Bruce Power is a partnership among Cameco Corporation, TransCanada Corporation, BPC Generation Infrastructure Trust, a trust established by the Ontario Municipal Employees Retirement System, the Power Workers' Union and The Society of Energy Professionals. Bruce Power currently operates the Bruce A and Bruce B nuclear power stations, which include six active units and two, 750-MW units that are in the process of being refurbished and are located northwest of Toronto.

Bruce Power expects the two units being refurbished to commence commercial operation next year, with unit 2 starting in late first quarter 2012 and unit 1 during third quarter 2012.

Earlier this week, the Canadian Environment Minister announced that Canada will formally withdraw from the Kyoto Protocol on climate change.
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