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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

Massive Chinese Gas Field Located

LCG, May 23, 2002--Chinese scientists have identified a natural gas field in the Inner Mongolia Autonomous Region with proven reserves more substantial than those found in any other such field in China.

The North China-based field can be forecast to produce 6.5 billion cubic meters annually, according to the Science and Technology minister Shi Dinghuan. The overall size of the field is around 602.5 billion cubic meters.

Minister Shi said, "the field wiill greatly back up the country's project of west-to-east gas transportation and help ease the energy shortage in eastern areas." Currently, 10 percent of Beijing's energy needs are accounted for by natural gas. A researcher with the Chinese Institute of Oil Exploration, Qian Kai, estimates that boosting gas use to the point at which it supplies 30 percent of Beijing's needs would bring about a significant change in air quality.

The Changqing Oil and Gas Field Company, which took part in the exploration phase, will transport gas to Shanghai and the Yangtze River Delta areas.
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