Featured News

New program supports existing companies

Existing power customers in targeted sectors that contribute to the economic development of the region may be eligible for financial incentives. Read about the Valley Investment Initiative.

Wacker will build polysilicon plant in Tennessee

The German company Wacker Chemie AG will build a $1 billion plant in Charleston, Tennessee, for the production of polysilicon, used in electronics and solar panels. The investment is expected to create 500 jobs in the first phase of operations. Read more.

Dow Corning, Hemlock Semiconductor choose Tennessee Megasite

Dow Corning Corporation and Hemlock Semiconductor have chosen the Commerce Park Megasite in Clarksville, Tennessee, for a $1.2 billion semiconductor plant to serve the emerging solar energy industry. Read more.

The evolution of Megasites marketing

TVA's Megasites Program was originally seen as a way to attract large automotive manufacturers. Today the program has a broader scope that promises greater manufacturing diversity for the region. Read the Business TN article Marketing the Megasite.

TVA offers new data center power rates

The TVA Board has approved a new rate classification to help attract and retain data centers in the Tennessee Valley. Read more.

TVA named top utility for third straight year

TVA has again been named one of the top utilities in North America by Site Selection magazine. The award is based on TVA’s successful economic development activities to generate investments and jobs. Read more.

Volkswagen will build Tennessee auto plant

Volkswagen will build an automotive assembly plant at the Enterprise South Industrial Site in Chattanooga. Read the company announcement.

VW will invest about $1 billion in the new plant, which is expected to create approximately 2,000 direct jobs. It will develop products targeted for the American market. Read more.

The VW decision has sparked widespread interest in TVA's Megasites Program. Read an Associated Press story.