Power
Jingoli Power's Project Slate Covers $2.7 Billion in Natural Gas, Renewable Energy Transmission
Jingoli Power is at work on several projects that will carry energy from high-generation areas to cities that are seeing a growing demand for infrastructure. Industrial Info is tracking about $2.7 billion in related projects
Among Jingoli's projects under construction is a closely watched effort in New Jersey: Public Services Enterprise Group's (NYSE:PEG) (PSEG) (Newark, New Jersey) Metuchen-Trenton-Burlington Project, which is designed to strengthen an existing transmission system by rebuilding an existing 138-kilovolt line so it can accommodate 230 kilovolts. The line, which runs between the PSEG's Metuchen Switching Station in Edison and Burlington Switching Station in Burlington, comprises four segments:
- $20 million line within Edison, running five miles; see project report
- $20 million line from Edison to Brunswick, running five miles; see project report
- $50 million line from Brunswick to Trenton, running 20 miles; see project report
- $60 million line from Trenton to Burlington, running 22 miles; see project report
The power plant, which itself does not involve Jingoli, is in its earliest construction phase, while the transmission line and switching station are set to begin construction in first-quarter 2020. For more information, see Industrial Info's project reports on the transmission line, switching station and power plant.
Over the longer term, Jingoli has signed on to provide equipment-manufacturing and engineering services to one of the most ambitious power-transmission proposals in the Midwest: Direct Connect Development Company's (DC DevCo) (Minneapolis, Minnesota) SOO Green Renewable Rail project, an underground line that is expected to carry wind-generated energy from Mason City, Iowa, to the Chicago area. The 349-mile, estimated $1.29 billion transmission line would run along existing railroads and carry 2.1 gigawatts (GW).
"The successful deployment of this high-voltage, direct-current (HVDC) technology along railroads will create a market segment that doesn't exist today, and DC DevCo believes that the SOO Green project will set the standard regarding how transmission lines are developed and constructed in the U.S.," said Trey Ward, DC DevCo's chief executive officer, in a press release earlier this year.
Other aspects of the proposed project include a pair of $600 million converter stations in Mason City and Plano, Illinois, on opposite ends of the Midcontinent Independent System Operator (MISO) and PJM markets, respectively. For more information, see Industrial Info's project reports on the transmission line and Mason City and Plano stations.
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, six offices in North America and 12 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn. For more information on our coverage, send inquiries to info@industrialinfo.com or visit us online at http://www.industrialinfo.com/.
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