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TVA Announces Two Energy Storage Agreements Totaling 425 MW/1,700 MWh

LCG, April 22, 2026--The Tennessee Valley Authority (TVA) yesterday announced two new, 20-year agreements for a 225 MW/900 MWh battery energy storage system (BESS) project in East Tennessee and for a 200 MW/800 MWh BESS project in northern Alabama. Both projects are planned to commence commercial operations in 2029.

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Suniva Announces New Facility to Dramatically Increase Solar Cell Manufacturing Capacity in America

LCG, April 15, 2026--Suniva announced yesterday that it has entered agreements to bring a state-of-the-art 4.5 GW solar cell manufacturing facility to Laurens, South Carolina. The new facility, combined with Suniva’s existing facility at its headquarters in metro Atlanta, will bring the company’s total annual domestic solar cell manufacturing capacity to over 5.5 GW.

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Industry News

Point Beach Operations Taken Over by New Firm

LCG, Aug. 9, 2000--Wisconsin Electric Power Co. said on Tuesday it has transferred operating authority of its Point Beach Nuclear Plant to the new Nuclear Management Co. effective yesterday. Under the agreement, the utility will maintain ownership of the plant, located near Two Rivers, Wisc.

The 30-year-old Point Beach has an output of 1,022 megawatts, about 30 percent of Wisconsin Electrics total.

Nuclear Management was formed by a group of Midwestern utilities to take over operations of their nuclear power plants when it became apparent that ownership by a utility of one or even two reactors was both economically and operationally impractical.

"Having (Nuclear Management) oversee operations of Point Beach, as well as the other nuclear plants, makes good business sense," said Richard Grigg, president and chief operating officer of Wisconsin Electric. "Customers will benefit from the enhancements provided by (a) team focused solely on nuclear plant operations and applying best practices."

Nuclear Management has assumed, or will assume, operational authority for Kewaunee, located in Kewaunee, Wisc., and owned by Wisconsin Public Service Corp., Alliant Energy Inc. and Madison Gas & Electric Co.; Duane Arnold Energy Center, located in Palo, Iowa, and owned by Alliant Energy, Central Iowa Power Cooperative and Corn Belt Power Cooperative; Monticello, located in Monticello, Minn., and owned by Northern States Power Co.; and Prairie Island, located in Welch, Minn.,and also owned by Northern States.

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