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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

Gas Costs from Energy Crisis Disputed by California

LCG, May 30, 2003--A filing by California and its major utilities on refunds that they claim they are owed for spot power purchases made during the 2000-2001 energy crisis could result in the amount of potential refunds being adjusted upward by as much as 80%, because of disagreement over whether the gas purchase costs of power suppiers have been justified.

The refunds now suggested as a starting point by a judge with the Federal Energy Regulatory Commission total $1.8 billion. California representatives have argued that while the price of gas on the spot market was relatively high during the crisis, generators, some of whom were also gas marketers, need to substantiate costs incurred specifically for generation purposes, rather than those for wholesale gas sales. Risk management mechanisms such as derivatives may also have affected the impact of gas market price fluctuations for the power suppliers.

The staff of the FERC has put forth a calculation to reflect generators' costs that is based on production costs in Canada or the Southwest, as well as transportation charges. A May 22 conference that involved generator and California attorneys brought general agreement on that formula, and thus California's argument rests mostly on obtaining proof for generators' costs. FERC has made no indications of its likely decision; filings are under docket EL00-95-045, at www.ferc.gov/Ferris.htm.

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