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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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U.S. Coal-fired Generating Capacity Retirements in 2025 Are Less Than 20 Percent of Retirements in 2022

LCG, April 13, 2026--The EIA today released an "In-brief Analysis" of U.S. coal-fired generating capacity retirements in 2025. A highlight of the analysis is that, during 2025, the electric power sector retired 2.6 GW of coal-fired generating capacity at four power plants, which is (i) the least since 2010 and (ii) 5.9 GW less than the planned retirement of 8.5 GW at the beginning of 2025.

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Industry News

Mirant to Buy Korean Power Firm, Build Plant

LCG, Dec. 5, 2001--Mirant Corp. of the U.S. said yesterday it plans to acquire Hyundai Energy Company Ltd. and build a 520 megawatt, combined-cycle power plant in southern Korea.

Mirant said the permits and land necessary for the development are already in place and the site has expansion potential for another 1,000 megawatts.

"Our entry into the Korean market marks another step in executing our Asian strategy and moves us closer to achieving our goal of 10,000 megawatts in Asia by 2005," said Rick Keuster, chief executive of Mirant's Asia business group. "As Korea continues its deregulation into the gas sector, we see opportunities to integrate the (Hyundai) project into our global LNG strategy."

The plant site is located in the Yulchon Industrial Complex, a 2,278-acre complex in Cholla province. Construction is expected to be begin in the latter half of next year, with simple cycle operations beginning in the third quarter of 2004. The plants output will be sold to Korea Electric Power Co.

"Korea is a fairly large market, with a growing demand for electricity (and) has all the right ingredients for a strong country-based business," Keuster said. "Through our announced initiatives, we broaden our regional presence, gain technical experience, and position ourselves for the future privatization of the Korean power sector."

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