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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

PowerGen Confirms Merger Talks with German E.On

LCG, Jan. 18, 2001PowerGen Plc, the British utility that generates about 14 percent of the power used in England and Wales and serves more than 2.6 million retail customers, confirmed yesterday that it is in preliminary with German electricity giant E.On.

E.On, which was formed by the merger of Veba AG and Viag AG in 1999, approached the British company about a possible merger, PowerGen said. But PowerGen also said it had received "a number of approaches which may or may not lead to an offer."

PowerGen said in a statement "The discussions are at a preliminary stage and there is no assurance that any of these discussions may result in an offer," and E.On in its statement said the talks were "preliminary discussions about a possible connection with PowerGen."

PowerGen has said in recent months that it was interested in foreign acquisitions, but has not talked about mergers. E.On is know to be anxious to expand its European presence beyond the German borders.

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