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Qcells and Nofar USA Sign Agreement to Develop Energy Storage Projects in Texas

LCG, March 26, 2025--Qcells USA Corp. (Qcells), a wholly owned subsidiary of Hanwha Qcells, and Nofar USA (Nofar), a wholly owned subsidiary of Nofar Energy, recently announced a signed agreement to cooperate on the development and construction of two energy storage projects in Texas. The projects have a combined capacity of 350 MW with a 2-hour duration (700 MWh).

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SPP Receives FERC Approval to be First RTO Operating in Both Eastern and Western Interconnections

LCG, March 205, 2025--The Southwest Power Pool (SPP) today announced it will soon be the first regional transmission organization (RTO) in the nation to provide full services in both the Eastern and Western Interconnections of the U.S. power grid. On March 20, the Federal Energy Regulatory Commission (FERC) unanimously approved Southwest Power Pool’s amended tariff that includes provisions that enable Western members to join the RTO. The expansion of the SPP RTO is scheduled to go live April 1, 2026.

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Industry News

EdF Eyes Britain's Largest Transmission Net

LCG, Nov. 5, 2001--Electricit de France is considering the purchase of East Anglian Electricity, Britain's biggest regional power distribution network, in a deal that could bring its owner, TXU Corp. of the U.S., between 1.3 billion ($1.9 billion U.S.) and 1.5 billion ($2.2 billion), the Financial Times reported Saturday.

TXU has said it wants to concentrate on its UK electricity retailing interests as well as investing to expand in continental Europe.

The paper noted that EdF already owns jointly with TXU a company that manages the local transmission networks of eastern England and neighboring London Electricity, which it bought for 1.9 billion ($2.78 billion) in 1998.

"EdF, which sells power and gas to (3 million) UK electricity customers, mostly in London and south west England, is a natural candidate to buy the (55,300-mile) long network," the Financial Times said.

EdF's expansion outside of France has been roundly criticized by British, Spanish and German authorities who complain that the French government-run company has been dragging its feet on opening its own territory to foreign investment.

In addition to London Electricity, EdF owns Sweb (South West Electricity Board), which it bought in 1999, and two large English power stations at Sutton Bridge in Lincolnshire and Cottam, Nottinghamshire, which it acquired last year for about 800 million ($1.15 billion).

Any move by EdF to acquire East Anglian would come under investigation by the European Commission, which is currently investigating moves by Spanish and Italian authorities restricting foreign state-owned companies from buying into domestic energy companies.

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