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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

New York Mayor Wants Power Price Controls

LCG, March 29, 2001--New York Mayor Rudolph W. Giuliani yesterday said yesterday that wholesale price controls on electric power are needed if his city and the state are to avoid a repeat of last year's price spikes, or worse.

Speaking to Wall Street, real estate and public utility officials gathered at historic 23 Wall Street, the former headquarters of J. P. Morgan & Co., Giuliani said that with power supplies limited in New York City and rapidly increasing demand for electricity, it is too early to turn the sector loose to market forces.

"The double-digit price increases that New Yorkers had to pay last summer are just unacceptable," Giuliani said. "Deregulation should not be abandoned, it should be completed," he continued. "The problem is, unfortunately, when it was done we didn't think through all of the impacts it would have, how quickly it would have an effect on us, and it needs some adjustment right now."

Giuliani noted the efforts to place a fleet of small generators in New York neighborhoods to provide power this summer. He urged the state to accelerate environmental and regulatory reviews for the plants, and asked civic leaders and judges not to try to block these projects and also urged more power conservation.

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