• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Dashboard
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlerts
    Company
    AboutQuantisnow PlusContactJobs
    Legal
    Terms of usePrivacy policyCookie policy

    Construction now underway on 765 MW of new battery energy storage systems across Georgia

    5/7/25 2:07:00 PM ET
    $SO
    Electric Utilities: Central
    Utilities
    Get the next $SO alert in real time by email

    Georgia Power advancing projects in Bibb, Lowndes, Floyd and Cherokee counties to enhance reliability, resiliency for a growing state

    ATLANTA, May 7, 2025 /PRNewswire/ -- Georgia Power announced today that construction is underway on 765-megawatts (MW) of new battery energy storage systems (BESS) strategically located across Georgia in Bibb, Lowndes, Floyd and Cherokee counties. The BESS projects were authorized by the Georgia Public Service Commission (PSC) through the Integrated Resource Plan (IRP) process and provide quickly dispatchable capacity for customers. The new projects follow the company's first-ever BESS facility at Mossy Branch near Columbus, which entered service last year (read more here).

    Hammond Groundbreaking - Georgia Power hosts company and project leaders, as well as state and local elected officials, for a groundbreaking ceremony at the Hammond Battery Facility on April 18, 2025. This 57.5-megawatt battery energy storage system, approved in the 2023 Integrated Resource Plan Update, will store excess energy produced during periods when the demand for electricity is lower, for use when the demand is higher, such as on cold winter mornings using the existing retired Plant Hammond transmission infrastructure.

    BESS projects support the overall reliability and resilience of the electric system, while also enhancing the value of intermittent renewable generation resources such as solar. Storage systems can improve the efficiency of renewable energy by storing excess energy produced during periods when the demand for electricity is lower, for use when the demand is higher, such as on cold winter mornings. Because battery storage can provide stored energy to the grid for hours on demand, BESS resources enhance the overall reliability of the electric system.

    "At Georgia Power, we work with the Georgia PSC and many other stakeholders to make the investments required for a reliable and resilient power grid, integrating new technologies to better serve our customers today and as Georgia grows," said Rick Anderson, senior vice president and senior production officer for Georgia Power. "As we expand our diverse energy mix to include more renewable energy, which requires careful advance planning and flexibility to accommodate times when that source is not available, these batteries will be an invaluable part of the electric system." 

    Construction is currently underway at the following BESS locations:

    • Robins BESS (Bibb County, 128 MW). This strategic site is co-located with the existing solar facility adjacent to the Robins Air Force Base and allows Georgia Power to leverage existing infrastructure, thereby eliminating the need to construct new transmission generator step-up (GSU) project-level substations and eliminating potential expenses and long lead time projects associated with transmission interconnection and network upgrades. This project is being engineered and constructed by Burns & McDonnell and has a projected commercial operation date in June 2026.
    • Moody BESS (Lowndes County, 49.5 MW). Similar to the Robins BESS project, this strategic choice is co-located with the existing solar facility adjacent to the Moody Air Force Base and allows Georgia Power to leverage existing infrastructure, thereby eliminating the need for constructing new transmission GSU project-level substations and eliminating potential expenses and long lead time projects associated with interconnection and network upgrades. It also offers expedited deployment capabilities and ensures known transmission deliverability. This project is being engineered and constructed by Crowder Industrial Construction and has a projected commercial operation date in May 2026.
    • Hammond BESS (Floyd County, 57.5 MW). The Hammond BESS project is a standalone BESS that leverages existing infrastructure from the retired coal-fired Plant Hammond facility. With the repurposing of an existing generation site and the utilization of already identified transmission capacity, the Hammond BESS project provides significant benefit to customers while aiding the company in meeting its capacity needs. This project is being engineered and constructed by Crowder Industrial Construction and has a projected commercial operation date in November 2026.
    • McGrau Ford Phase I & II BESS (Cherokee County, 530 MW). Given the existing site work, land acquisition, and contracting for McGrau Ford Phase I BESS, Georgia Power will realize efficiencies in contracting and construction by using the same construction company and company-owned land. In addition, the preliminary design for McGrau Ford Phase I BESS provides an opportunity for Georgia Power to cost effectively expand the project level substation and generation tie line rather than construct a new project level substation. These projects are being engineered and constructed by Burns & McDonnell, and Phases I & II have projected commercial operation dates in October 2026 and September 2026, respectively.

    Future Georgia Power Battery Storage

    Georgia Power continues to work with the Georgia PSC to procure and develop BESS projects across Georgia. An additional 1,000 MW of new battery energy storage is expected to be procured in the coming years through competitive bidding processes and a 13 MW demonstration project is in development at Fort Stewart Army Installation near Savannah, Georgia. All-source capacity Request for Proposals (RFPs) proposed in the 2025 and 2022 IRPs are also expected to include BESS assets.

    Georgia Power is also committed to supporting customer-sited generation resources to meet the state's growing energy needs. The 2025 IRP includes two customer expansions of BESS programs including enhancements to the Customer Connected Solar Program and launching a new Customer-Sited Solar Plus Storage Pilot. This pilot aims to secure an initial 50 MW of capacity, providing opportunities for residential and small commercial customers to add solar and storage resources. The goal is to encourage more customer-sited renewable generation by pairing dispatchable BESS with behind-the-meter solar systems.

    To learn more about how Georgia Power is meeting the needs of customers through a diverse, balanced energy portfolio, visit www.GeorgiaPower.com/IRP.

    About Georgia Power

    Georgia Power is the largest electric subsidiary of Southern Company (NYSE:SO), America's premier energy company. Value, Reliability, Customer Service and Stewardship are the cornerstones of the company's promise to 2.8 million customers in all but four of Georgia's 159 counties. Committed to delivering clean, safe, reliable and affordable energy, Georgia Power maintains a diverse, innovative generation mix that includes nuclear, coal and natural gas, as well as renewables such as solar, hydroelectric and wind. Georgia Power offers rates below the national average, focuses on delivering world-class service to its customers every day and the company is recognized by J.D. Power as an industry leader in customer satisfaction. For more information, visit www.GeorgiaPower.com and connect with the company on Facebook (Facebook.com/GeorgiaPower), X (X.com/GeorgiaPower) and Instagram (Instagram.com/ga_power).

    McGrau Ford Groundbreaking - Georgia Power hosts company and project leaders, as well as local and state elected officials, for a groundbreaking ceremony at the McGrau Ford Battery Facility in Cherokee County on April 4, 2025. This 530-megawatt battery energy storage system will consist of two phases, approved in the 2022 Integrated Resource Plan (IRP) and 2023 IRP Update.

    (PRNewsfoto/Georgia Power)

    Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/construction-now-underway-on-765-mw-of-new-battery-energy-storage-systems-across-georgia-302449007.html

    SOURCE Georgia Power

    Get the next $SO alert in real time by email

    Chat with this insight

    Save time and jump to the most important pieces.

    Recent Analyst Ratings for
    $SO

    DatePrice TargetRatingAnalyst
    4/8/2025$94.00Underweight → Neutral
    Analyst
    1/23/2025Buy → Neutral
    Guggenheim
    9/20/2024$94.00Hold
    Jefferies
    9/16/2024$90.00Outperform → Neutral
    Mizuho
    8/2/2024Outperform → Peer Perform
    Wolfe Research
    4/4/2024Buy → Neutral
    UBS
    1/11/2024$72.00 → $77.00Market Perform → Outperform
    BMO Capital Markets
    12/8/2023$82.00Buy
    Citigroup
    More analyst ratings

    $SO
    Press Releases

    Fastest customizable press release news feed in the world

    See more
    • Construction now underway on 765 MW of new battery energy storage systems across Georgia

      Georgia Power advancing projects in Bibb, Lowndes, Floyd and Cherokee counties to enhance reliability, resiliency for a growing state ATLANTA, May 7, 2025 /PRNewswire/ -- Georgia Power announced today that construction is underway on 765-megawatts (MW) of new battery energy storage systems (BESS) strategically located across Georgia in Bibb, Lowndes, Floyd and Cherokee counties. The BESS projects were authorized by the Georgia Public Service Commission (PSC) through the Integrated Resource Plan (IRP) process and provide quickly dispatchable capacity for customers. The new projects follow the company's first-ever BESS facility at Mossy Branch near Columbus, which entered service last year (re

      5/7/25 2:07:00 PM ET
      $SO
      Electric Utilities: Central
      Utilities
    • Southern Company reports first-quarter 2025 earnings

      ATLANTA, May 1, 2025 /PRNewswire/ -- Southern Company today reported first-quarter earnings of $1.3 billion, or $1.21 per share, in 2025 compared with earnings of $1.1 billion, or $1.03 per share, in the first quarter of 2024. Excluding the items described under "Net Income – Excluding Items" in the table below, Southern Company earned $1.4 billion, or $1.23 per share, during the first quarter of 2025, compared with $1.1 billion, or $1.03 per share, during the first quarter of 2024. Non-GAAP Financial Measures Three Months Ended March Net Income – Excluding Items (in millions)

      5/1/25 7:30:00 AM ET
      $SO
      Electric Utilities: Central
      Utilities
    • Georgia Power names Audrey King & Cleve Fann to key leadership roles

      Strategic moves support company's commitment to citizenship, continued investments in the grid across the state ATLANTA, April 30, 2025 /PRNewswire/ -- Georgia Power, the state's leading electric utility serving 2.8 million customers, has named Audrey King as senior vice president of Corporate Responsibility, and president and CEO of the Georgia Power Foundation, a non-profit 501(c)(3) and Georgia's third-largest corporate giving foundation which provided support for more than 400 organizations statewide in 2024 alone. In her new role, she will lead efforts to advance corporate responsibility, philanthropy, community engagement and volunteerism across the state, focusing on education, the e

      4/30/25 3:04:00 PM ET
      $SO
      Electric Utilities: Central
      Utilities

    $SO
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • SEC Form 4 filed by Director Akella Janaki

      4 - SOUTHERN CO (0000092122) (Issuer)

      1/6/25 12:00:14 PM ET
      $SO
      Electric Utilities: Central
      Utilities
    • SEC Form 4 filed by Director Johns John D

      4 - SOUTHERN CO (0000092122) (Issuer)

      1/6/25 12:00:09 PM ET
      $SO
      Electric Utilities: Central
      Utilities
    • SEC Form 4 filed by Director Smith William G Jr

      4 - SOUTHERN CO (0000092122) (Issuer)

      1/6/25 12:00:12 PM ET
      $SO
      Electric Utilities: Central
      Utilities

    $SO
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    See more
    • SEC Form SC 13G/A filed by Southern Company (Amendment)

      SC 13G/A - SOUTHERN CO (0000092122) (Subject)

      2/16/24 4:29:42 PM ET
      $SO
      Electric Utilities: Central
      Utilities
    • SEC Form SC 13G filed by Southern Company

      SC 13G - SOUTHERN CO (0000092122) (Subject)

      2/14/24 10:02:59 AM ET
      $SO
      Electric Utilities: Central
      Utilities
    • SEC Form SC 13G/A filed by Southern Company (Amendment)

      SC 13G/A - SOUTHERN CO (0000092122) (Subject)

      2/13/24 4:55:58 PM ET
      $SO
      Electric Utilities: Central
      Utilities

    $SO
    Financials

    Live finance-specific insights

    See more
    • Southern Company increases dividend for 24th consecutive year; annualized rate rises to $2.96 per share

      ATLANTA, April 21, 2025 /PRNewswire/ -- Southern Company today announced it is increasing its dividend by 8 cents per share on an annualized basis to a rate of $2.96 per share. This marks the 77th consecutive year that Southern Company has paid a dividend on its common stock that is equal to or greater than the previous quarter. Additionally, this is the 24th consecutive year the company has raised its dividend. Southern Company also announced a regular quarterly dividend – including an increase of 2 cents per share over the prior quarter – of 74 cents per share, payable June

      4/21/25 1:00:00 PM ET
      $SO
      Electric Utilities: Central
      Utilities
    • Southern Company first-quarter earnings to be released May 1

      ATLANTA, March 27, 2025 /PRNewswire/ -- Southern Company plans to release its earnings for the first quarter of 2025 by 7:30 a.m. ET on Thursday, May 1, 2025. Chairman, President and Chief Executive Officer Christopher C. Womack and Chief Financial Officer Daniel S. Tucker will discuss earnings during a conference call for financial analysts at 1 p.m. ET on Thursday, May 1. Investors, media and the public may listen to a live webcast of the conference call at https://investor.southerncompany.com/events-and-presentations/default.aspx by clicking on the appropriate audio link. A replay of the webcast will be available at the same site for 12 months. About Southern CompanySouthern Company (NYSE

      3/27/25 8:00:00 AM ET
      $SO
      Electric Utilities: Central
      Utilities
    • Southern Company announces quarterly dividend

      ATLANTA, Jan. 28, 2025 /PRNewswire/ -- Southern Company today announced a regular quarterly dividend of 72 cents per share on the company's common stock, payable March 6, 2025, to shareholders of record as of February 18, 2025. Every quarter for 77 consecutive years, Southern Company has paid a dividend to its shareholders that is equal to or greater than the previous quarter. About Southern CompanySouthern Company (NYSE:SO) is a leading energy provider serving 9 million customers across the Southeast and beyond through its family of companies. Providing clean, safe, reliable

      1/28/25 4:30:00 PM ET
      $SO
      Electric Utilities: Central
      Utilities

    $SO
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    See more
    • Southern upgraded by Analyst with a new price target

      Analyst upgraded Southern from Underweight to Neutral and set a new price target of $94.00

      4/8/25 9:17:42 AM ET
      $SO
      Electric Utilities: Central
      Utilities
    • Southern downgraded by Guggenheim

      Guggenheim downgraded Southern from Buy to Neutral

      1/23/25 8:48:59 AM ET
      $SO
      Electric Utilities: Central
      Utilities
    • Jefferies initiated coverage on Southern with a new price target

      Jefferies initiated coverage of Southern with a rating of Hold and set a new price target of $94.00

      9/20/24 7:52:12 AM ET
      $SO
      Electric Utilities: Central
      Utilities

    $SO
    Leadership Updates

    Live Leadership Updates

    See more
    • Local Georgia Power crews recognized with Emergency Response Award during Lineworker Appreciation Month

      National industry recognition from Edison Electric Institute highlights exceptional response to Hurricane Helene in 2024; Georgia Power hiring hundreds of new lineworkers in coming years as Georgia grows ATLANTA, April 8, 2025 /PRNewswire/ -- Georgia Power, the state's leading electric utility serving 2.8 million customers, is joining other utilities across the country in marking April as Lineworker Appreciation Month. This April, the company is highlighting the work of local power crews during Hurricane Helene in 2024 and celebrating the recent recognition by Edison Electric Institute (EEI) with its Emergency Recovery Award, commending the company's exceptional efforts to swiftly restore se

      4/8/25 11:13:00 AM ET
      $SO
      Electric Utilities: Central
      Utilities
    • Lineworkers honored at Georgia State Capitol for Hurricane Helene response

      March 11 marked as Georgia Linemen Day by Senate Resolution 253 ATLANTA, March 11, 2025 /PRNewswire/ -- Georgia Power today joined state lawmakers for a special event at the Georgia State Capitol alongside dozens of lineworkers, representatives from the state's electric membership corporations (EMCs) and municipal electric providers. During the event, Senator John Kennedy read and signed Senate Resolution 253, recognizing March 11, 2025 as Georgia Linemen Day, acknowledging lineworkers for their sacrifices during Hurricane Helene – which was the most destructive storm in Georgia Power's more than 140-year history. Senate Resolution 253 (available in full here) highlights that "Hurricane Hel

      3/11/25 4:25:00 PM ET
      $SO
      Electric Utilities: Central
      Utilities
    • Pedro Cherry named president of Mississippi Power; Anthony Wilson to remain chairman and CEO until summer

      GULFPORT, Miss., March 5, 2025 /PRNewswire/ -- Mississippi Power announced today that Pedro Cherry has been named president of the company with Anthony Wilson continuing in his roles of chairman and CEO until summer. Cherry has worked in the energy industry for 30 years and been a part of the Southern Company system for nearly 25 years. He previously served as president and CEO of both Atlanta Gas Light and Chattanooga Gas, two southern region natural gas utilities that serve approximately 1.8 million customers in two states. "I am excited to join Mississippi Power during the

      3/5/25 1:00:00 PM ET
      $SO
      Electric Utilities: Central
      Utilities

    $SO
    SEC Filings

    See more
    • SEC Form CERT filed by Southern Company

      CERT - SOUTHERN CO (0000092122) (Filer)

      1/13/25 12:09:43 PM ET
      $SO
      Electric Utilities: Central
      Utilities
    • SEC Form 8-A12B filed by Southern Company

      8-A12B - SOUTHERN CO (0000092122) (Filer)

      1/13/25 11:50:31 AM ET
      $SO
      Electric Utilities: Central
      Utilities
    • Southern Company filed SEC Form 8-K: Other Events, Financial Statements and Exhibits

      8-K - SOUTHERN CO (0000092122) (Filer)

      1/13/25 11:32:19 AM ET
      $SO
      Electric Utilities: Central
      Utilities