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Gemma Power Systems Receives Notice to Proceed on a 1.2-GW Power Project in Texas

LCG, April 8, 2025--Gemma Power Systems (“Gemma”), a wholly owned subsidiary of Argan, Inc. (“Argan”), has received a notice to proceed on its previously announced engineering, procurement and construction (“EPC”) services contract with Sandow Lakes Energy Company, LLC (“SLEC”) for a 1.2-GW power plant in Lee County, Texas. Construction of the natural gas-fired, combined cycle facility is scheduled to commence this summer, with an expected project completion date in 2028

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NeuVentus Receives Storage Permits for its Texas Reliability Underground (TRU) Hub Salt Cavern Storage Project

LCG, April 4, 2025--NeuVentus, LLC ("NeuVentus") announced this week the receipt of a final order from the Railroad Commission of Texas (RRC) that grants a subsidiary of NeuVentus authority to create and operate 12 salt caverns for storage of a variety of gases (including natural gas and hydrogen) and liquids at its Texas Reliability Underground Hub ("TRU Hub") salt cavern storage project located in Liberty County, Texas.

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Industry News

New Hampshire Plans Legal Action Over New Source Review

LCG, Sept. 3, 2003--The EPA's recently announced changes to rules governing power plants' installation of emissions-reduction equipment will be the subject of a lawsuit by New Hampshire, the state's Attorney General, Peter Heed, has announced.

The lawsuit would be in additon to other pending litigation against EPA's changes to policy on "new source review" before the U.S. Court of Appeals, in the District of Columbia circuit. The new rules would increase the ability of power plant owners to install new equipment at existing facilities without having to also install devices to restrict pollution. Enforcement of the rules has been inconsistent and confusing, many plant owners have complained. Confusion over the implementation of the rules was cited as a problem by a judge in a recent lawsuit the agency brought. The suit nonethless resulted in a ruling in favor of the EPA. They also say it has led them to forego maintenance and modifications for enhanced efficiency on older facilities that they might otherwise undertake.

According to New Hampshire's Heed, "EPA has created a loophole that attempts to legalize what the Clean Air Act prohibits - increased air pollution from outdated industrial equipment. What this rule means for New Hampshire is more air pollution from upwind power plants, refineries and other industries that can avoid modern pollution controls." The rules apply to 17,000 facilities nationally, and could represent significant savings due to companies' ability to avoid additional investment under new source review, in the billions of dollars.
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