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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

Moody's Cuts Debt Ratings of TXU

LCG, October 15, 2002-Moody's Investor's Service cut the debt rating of TXU Europe.

TXU Corporation announced that it will not give TXU Europe the $700 million lifeline expected, and Moody's downgraded the European company's rating. Yesterday TXU Corporation financially "unlinked" itself from its subsidiary in order to protect its own credit.

The subsidiary neglected to pay $31 million yesterday on one of its power supply agreements for the 4,000-megawatt Drax Power Station, and European officials are worried about securing power supply.

TXU Corp. has announced that TXU Europe will sell off assets, estimated at $5.7 billion, and limit its quarterly dividend by 80 percent, bringing it down to $0.125 per share.

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