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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

Power Suppliers Drop Out of New Jersey Market

LCG, Feb. 15, 2001Energy America, a power marketer owned by British utility Centrica Plc, and Power Direct, a supplier owned by AES Corp., are the latest in a string of more than a dozen alternative electricity suppliers to quit doing business in New Jersey.

One of the first to have second thoughts about the Garden State was KeySpan Energy, which stopped taking new residential customers last spring. "We have about 7,000 customers, with about 5,000 of them residential. Unless regulators change the market into a level playing field, we will not renew our contracts, most of which expire in September," said Bill Kinneary, the company's president.

Kinneary said one problem is the one-time discount a marketer can offer a residential customer. Called a "shopping credit," the discount was pegged to the cost of power production at the time New Jersey's deregulation plan was formulated in 1997.

"Because fuel costs are higher now than when the price was first fixed, unless they modify theprogram, we can't compete. By summer, no one will be left standing," Kinneary said.

Blossom Peretz, the state ratepayer advocate, conceded that the shopping credits pose a problem, but she is confident that it can be resolved. "I never expected it to be an energy revolution, but more of an evolution in people's understanding. It is more complex for people to think about than buying pair of shoes, or a quart of milk," she said.

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