Tennessee Valley

PetSafe® donates nearly $100,000 to pet shelters for predicting the winner of the "Big Game"

Retrieved on: 
Monday, February 12, 2024
Pet, Social media, Tennessee Valley, Joy, SPCA, Humane society

As part of this celebration, PetSafe® unleashed "Field Goals of Joy" by recruiting pet shelters and their pets to participate in the "Big Game" by taking videos of their MVPs (most valuable pets), picking the winner, and posting them on social media.

Key Points: 
  • As part of this celebration, PetSafe® unleashed "Field Goals of Joy" by recruiting pet shelters and their pets to participate in the "Big Game" by taking videos of their MVPs (most valuable pets), picking the winner, and posting them on social media.
  • In doing so, the participating shelters received $1000 worth of PetSafe® products for every field goal kicked.
  • In all, fourteen animal shelters participated, and seven field goals were scored, totaling $98,000 worth of PetSafe® products awarded to the shelters.
  • The shelters that participated are:
    Kentucky Humane Society, Beaver County Humane Society, Lancaster Animal Care Center, Cedar Bend Humane Society, Monadnock Humane Society, Southern Pines Animal Shelter, Gulf Coast Humane Society, Dakin Humane Society, Richmond Animal League, Humane Society of the Tennessee Valley, Saving Grace Pet Adoption, Longmont Humane Society, Humane Society of Marshall County, SPCA of Hancock County

Douglas Lake to Host Elite-Level 2024 Collegiate and Youth Bass Tournaments

Retrieved on: 
Sunday, February 11, 2024
Bassmaster Classic, Economic development, Tennessee Valley, University, Tennessee Valley Authority, Multimedia, Bass, Tourism, Card, Volunteering, Ohio River, Mouth, Water, Aquaculture

KNOXVILLE, Tenn., Feb. 11, 2024 /PRNewswire-PRWeb/ -- Renowned for its wonderful backdrop scenery and world-class fishing, Douglas Lake is set to host a series of nationally coveted championship bass tournaments in early March.

Key Points: 
  • Douglas Lake is set to host a series of nationally coveted championship bass tournaments in early March.
  • The Strike King Bassmaster College Series will take place on Douglas Lake March 7-8 and additionally, the Bassmaster Junior Series will launch from Dandridge Boat Dock on Douglas Lake on March 10.
  • KNOXVILLE, Tenn., Feb. 11, 2024 /PRNewswire-PRWeb/ -- Renowned for its wonderful backdrop scenery and world-class fishing, Douglas Lake is set to host a series of nationally coveted championship bass tournaments in early March.
  • The Strike King Bassmaster College Series will take place on Douglas Lake March 7-8 and additionally, the Bassmaster Junior Series will launch from Dandridge Boat Dock on Douglas Lake on March 10.

GRIID Infrastructure to Add 60 MW with New Bitcoin Mining Facility in Tennessee

Retrieved on: 
Tuesday, February 6, 2024
TVA, Mining, JEA, Electricity, Tennessee Valley

CINCINNATI, Feb. 06, 2024 (GLOBE NEWSWIRE) -- GRIID Infrastructure Inc. (NASDAQ: GRDI) (“GRIID” or “Company”), an American infrastructure company that develops and operates vertically integrated bitcoin mining facilities, announced plans to develop and operate a 60 MW bitcoin mining site in Tennessee.

Key Points: 
  • CINCINNATI, Feb. 06, 2024 (GLOBE NEWSWIRE) -- GRIID Infrastructure Inc. (NASDAQ: GRDI) (“GRIID” or “Company”), an American infrastructure company that develops and operates vertically integrated bitcoin mining facilities, announced plans to develop and operate a 60 MW bitcoin mining site in Tennessee.
  • The new mining site will be located in Jackson, Tennessee on a 15-acre plot owned by the Company.
  • “GRIID came to the Tennessee Valley because of the favorable business climate and the availability of reliable and affordable low-carbon electricity,” said Trey Kelly, CEO of GRIID.
  • “We’re excited to be working with GRIID Infrastructure on the establishment of the new mining facility in Jackson,” said Monte Cooper, President and CEO of the Jackson Energy Authority (JEA).

TVA Reports First Quarter Fiscal Year 2024 Financial Results

Retrieved on: 
Tuesday, January 30, 2024
Hydrogen, Weather, Electricity, Webcast, Depreciation, TVA, Natural gas, Coal, Tennessee Valley, LPC, Renewable energy

TVA is a national leader -- 58% of TVA's power supply came from clean energy sources - including nuclear, hydroelectric, and renewables.

Key Points: 
  • TVA is a national leader -- 58% of TVA's power supply came from clean energy sources - including nuclear, hydroelectric, and renewables.
  • ET today to discuss the first quarter fiscal year 2024 results.
  • KNOXVILLE, Tenn., Jan. 30, 2024 /PRNewswire/ -- The Tennessee Valley Authority reported $2.8 billion in total operating revenues on 37 billion kilowatt-hours of electricity sales for the three months of fiscal year 2024 ending Dec. 31, 2023.
  • TVA's senior leadership team will host a conference call and webcast today to discuss the first quarter fiscal year 2024 results at 9:30 a.m.

PSEG Elects Ricardo G. Pérez to Board of Directors

Retrieved on: 
Wednesday, January 24, 2024
RIC, University, Public Service Enterprise Group, Westinghouse Electric Corporation, Nuclear energy, Workforce, TVA, Engineering, Tennessee Valley, Management

NEWARK, N.J., Jan. 24, 2024 /PRNewswire/ -- Public Service Enterprise Group Incorporated (PSEG) today announced that Ricardo (Ric) G. Pérez has been elected to its Board of Directors, effective January 22, 2024.

Key Points: 
  • NEWARK, N.J., Jan. 24, 2024 /PRNewswire/ -- Public Service Enterprise Group Incorporated (PSEG) today announced that Ricardo (Ric) G. Pérez has been elected to its Board of Directors, effective January 22, 2024.
  • Prior to TVA, Pérez served the Westinghouse Electric Company from 1981 to 2013, including as president and chief operating officer from 2010 to 2013.
  • He also has valuable experience in talent development, a workforce priority," PSEG Chair, President and CEO Ralph LaRossa said.
  • Pérez is a member of the University of Florida Nuclear Engineering Advisory Board and an executive member of the Latino Corporate Directors Association.

Origis Energy Secures $317 Million in Project Tax Equity with J.P. Morgan

Retrieved on: 
Wednesday, January 24, 2024
ITC, Tax credit, Power purchase agreement, J. P. Morgan, Hunton Andrews Kurth, TVA, Tax, Inflation, PTC, Tennessee Valley, Renewable energy

MIAMI, Jan. 24, 2024 /PRNewswire/ -- Origis Energy, one of America's leading renewable energy and decarbonization solution platforms, today announced it has secured $317 million in project tax equity funding from J.P. Morgan for two utility-scale solar and solar plus battery storage projects located in New Mexico and Mississippi respectively.

Key Points: 
  • The tax equity will support two large-scale renewable energy projects: a solar and battery storage project in Mississippi and a solar project in New Mexico.
  • MIAMI, Jan. 24, 2024 /PRNewswire/ -- Origis Energy , one of America's leading renewable energy and decarbonization solution platforms, today announced it has secured $317 million in project tax equity funding from J.P. Morgan for two utility-scale solar and solar plus battery storage projects located in New Mexico and Mississippi respectively.
  • Tri-State and Origis Energy recently announced reaching the milestone of over 250,000 solar panels installed at the project.
  • The tax equity agreement leverages both the Investment Tax Credit (ITC) and the Production Tax Credit (PTC) incentives of the Inflation Reduction Act.

Origis Energy Closes $344 Million Project Construction and Term Loan Facility with MUFG

Retrieved on: 
Wednesday, December 20, 2023
TVA, IRA, Power purchase agreement, Acute and obtuse triangles, Inflation, MUFG, Tennessee Valley, CO2, Renewable energy

MIAMI, Dec. 20, 2023 /PRNewswire/ -- Origis Energy, one of America's leading renewable energy and decarbonization solution platforms, today announced the close of a $344 million construction financing facility and conversion to term loan with MUFG, a leading global financial group, for its Golden Triangle I solar plus battery energy storage project in Lowndes County, Mississippi.

Key Points: 
  • MIAMI, Dec. 20, 2023 /PRNewswire/ -- Origis Energy , one of America's leading renewable energy and decarbonization solution platforms, today announced the close of a $344 million construction financing facility and conversion to term loan with MUFG , a leading global financial group, for its Golden Triangle I solar plus battery energy storage project in Lowndes County, Mississippi.
  • Golden Triangle I, with 200 MWac solar capacity co-located with 200 MWh of energy storage, is one of three Origis Energy renewable energy projects under construction in the state together representing the largest solar plus battery energy storage deployments in Mississippi to date.
  • Construction was announced by Origis Energy earlier this year on the three projects, Golden Triangle I, Golden Triangle II and Optimist, with a total capacity of 550 MWac solar plus 600 MWh of battery energy storage.
  • "We are proud to have partnered with Origis on this construction financing facility and conversion to term loan," said Patrick Klein, Senior Originator on the Project Finance Americas team at MUFG and Golden Triangle I Transaction Lead.

Origis Energy, TVA Announce Construction of MS Solar plus Storage Projects

Retrieved on: 
Wednesday, October 11, 2023
Power purchase agreement, Investment, Senior, School, Plant, KUB, TVA, Golden Triangle, Green Investment Group, Economic development, Electricity, Tennessee Valley Authority, RES, Environment, Professional, MWAC, Tennessee Valley, Renewable energy, Divock Origi

MIAMI, Oct. 11, 2023 /PRNewswire/ -- Origis Energy and the Tennessee Valley Authority (TVA) announced Wednesday that construction has begun on the first of three projects in Mississippi with a total capacity of 550 MW plus 150 MW of battery storage. This is the largest battery storage portfolio announced in Mississippi and the largest solar portfolio under construction in the state, maintaining TVA's leadership in clean power generation throughout the Southeast. 

Key Points: 
  • With a total capacity of 700 MWs, the projects represent the largest solar plus storage deployments in Mississippi to date.
  • MIAMI, Oct. 11, 2023 /PRNewswire/ -- Origis Energy and the Tennessee Valley Authority (TVA) announced Wednesday that construction has begun on the first of three projects in Mississippi with a total capacity of 550 MW plus 150 MW of battery storage.
  • RES is providing construction services to Origis for the portfolio, employing an estimated 300 people over the course of the three projects.
  • "Lowndes County is happy to partner with TVA and Origis to bring this increased capability to the TVA footprint.

Rhythmos Launches Mobility and Utility Network Management Platform for EV Charging with Tennessee Valley Authority and Knoxville Utilities Board

Retrieved on: 
Tuesday, September 19, 2023
Environment, Alternative Vehicles, Fuels, EV, Electric Vehicles, Vehicle Technology, Automotive, Other Energy, Environmental Health, Alternative Energy, Green Technology, Energy, Electric Power Research Institute, Partnership, IEL, Connective tissue, EPRI, Tennessee Valley Authority, Geographic information system, Multimedia, Smart meter, TVA, EVS, Tennessee Valley, AMI, KUB, GIS, Software, Renewable energy, Online shopping

Without innovative electric vehicle (EV) charging solutions, the average utility will need to invest thousands of dollars in grid upgrades per EV .

Key Points: 
  • Without innovative electric vehicle (EV) charging solutions, the average utility will need to invest thousands of dollars in grid upgrades per EV .
  • To support utilities and consumers with increased EV charging capabilities, Rhythmos has announced the commercial deployment of its mobility and utility network management platform in East Tennessee, which is sponsored by the Tennessee Valley Authority (TVA) and the Electric Power Research Institute (EPRI).
  • Knoxville Utilities Board (KUB) will be the first utility system to implement Rhythmos’ innovative predictive analytics software solution to provide vital data such as EV detection, charging characterization, day-ahead forecasting, and transformer loading.
  • Rhythmos’ data offers unprecedented visibility into the electric grid and will allow KUB to identify, quantify, forecast, and control EV charging needs to minimize grid impact.

AESC Celebrates Structural Completion Milestone at State-of-the-Art Gigafactory in Bowling Green

Retrieved on: 
Thursday, September 14, 2023
Other Energy, Batteries, EV, Electric Vehicles, Energy, Automotive, Technology, Automotive Manufacturing, Manufacturing, Senate, Life, Warren, Rapid transit, Tennessee Valley Authority, Cell, TVA, EVS, Tennessee Valley, Chamber, Economic development, Kilowatt-hour, Growth, House, Army of Central Kentucky, Commerce, Country, Renewable energy

This “Topping Out” ceremony marks a significant milestone in AESC’s progress toward completing its state-of-the-art gigafactory in the Kentucky Transpark in Bowling Green, Warren County.

Key Points: 
  • This “Topping Out” ceremony marks a significant milestone in AESC’s progress toward completing its state-of-the-art gigafactory in the Kentucky Transpark in Bowling Green, Warren County.
  • “Today we celebrated another step forward for AESC in Bowling Green – the second largest economic investment in Kentucky’s history, set to create 2,000 full-time jobs.
  • Our commonwealth is now a national leader in electric vehicle battery production, and AESC has been central to that success,” Gov.
  • “AESC is honored to celebrate with the Bowling Green community and the entire state of Kentucky as we complete the construction of our new state-of-the-art gigafactory,” said AESC U.S.