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Longroad Energy Announces Financial Close of 1000 Mile Solar Project in Texas

LCG, September 15, 2025--Longroad Energy announced today the financial close of 1000 Mile Solar, its 300 MWac (400 MWdc) solar project in Yoakum County, Texas. Longroad Energy finalized a long-term offtake agreement with Meta late last year in the form of an Environmental Attributes Purchase Agreement, which includes a financial settlement arrangement for the entire energy output of 1000 Mile Solar.

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PUC of Texas Approves Entergy Texas' Plans to Build Over 1,200 MW of Gas-Fired Capacity

LCG, September 12, 2025--Entergy announced yesterday that the Public Utility Commission of Texas (PUCT) approved Entergy Texas’ proposal to build two efficient natural gas-fired power plants to support the region’s rapid growth. The combined electric generating capacity of the two facilities, the Legend Power Station and the Lone Star Power Station, will add over 1,200 MW to the Southeast Texas power grid to support new customer demand, increase reliability and lower costs for all customers. Both facilities are scheduled to commence operations by mid-2028.

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Industry News

China's Remote Regions Receive Solar Funding

LCG, Feb. 26, 2002--A pilot project in China's Hebei province is one of many solar power projects in Western China to receive part of 2 billion yuan ($241.5 million) in funding from China's High-tech Department of the State Development Planning Commission over a period up to three years.

The Hebei project, expected to be producing power in June, will include 3 megawatts of polycrystalline silicon solar cells, and equipment to convert the solar radiation into electricity.

Qi Chengyuan, who heads the commission, said that the funding will be provided in sunny areas that are not connected to China's transmission network. They include the Tibet Autonomous Region, the Ningxia Hui Autonomous Region and Shaanxi Province, among others. According to Qi, "the fund will serve as a governmental allowance for local residents, most of whom are not rich, to buy solar energy equipment to generate electricity for daily use." Overall solar capacity is now approximately 15 megawatts nationally.

Large-scale production of solar equipment, such as that of Yingli New Resources Co Ltd, allows domestic producers to sell its output at lower prices than foreign producers, Qi said. Yingli has annual output capacity of 26 megawatts.

Qi noted, "such projects can win infrastructure construction loans from banks at low interest. And those of a scale larger than 3 million kilowatts will even see 2 percent of their loan interests waived." He stated that "whenever possible," solar power should have access to existing transmission infrastructure.
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