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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

Gila River Plant Complete

LCG, July 21, 2003--Units 3 and 4 of the Gila River Power Station have reached a "major milestone" as part of TECO Power Services' construction program, and are substantially completed, it was announced today.
A subsidiary of TECO Energy, Inc., TECo Power Services noted that the completion of major construction at the 2,145-megawatt power plant, ahead of schedule, provides it with necessary security to provide the lenders to the project. The plant can also provide more capacity during the summer, the company said. The amount of security to be posted in connection with letter of credit postings will become $66 million, down $44 million from the current level.

Upon the completion of the units and final acceptance, scheduled this fall, the amount of postings is expected to become $8 million. TECO Energy, Inc. also has subsidiaries Tampa Electric, Peoples Gas, TECO Power Services, TECO Transport, TECO Coal and TECO Solutions.
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