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Energy Vault and Jupiter Power Announce New Agreement for Battery Energy Storage System in Texas

LCG, June 4, 2025--Energy Vault Holdings Inc. (Energy Vault) and Jupiter Power (Jupiter) today announced the signing of an agreement for the supply of an additional battery energy storage system (BESS) at a Jupiter site in the Electric Reliability Council of Texas (ERCOT) region. The initial BESS project, located near Fort Stockton, Texas, was completed in July 2024, with a storage capacity 100 MW/200 MWh. The new BESS project will add another 100 MW/200 MWh of capacity. Construction has commenced, and the project is expected to achieve commercial operations by the end of this summer.

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NuScale Power Achieves Standard Design Approval from NRC for 77 MW SMR

LCG, May 30, 2025--NuScale Power Corporation (NuScale), a leading provider of advanced small modular reactor (SMR) nuclear technology, yesterday announced that it has received design approval from the U.S. Nuclear Regulatory Commission (NRC) for its uprated 77 MW power modules. NuScale states that it remains the only SMR technology company with design approval from the NRC, and the company remains on track for deployment by 2030, with 50- and 77-MW SMR options.

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Industry News

GE Vernova and AWS Announce Strategic Framework Agreement to Support AWS's Data Center Growth and to Address Global Energy Demand and Grid Challenges

LCG, March 5, 2025--GE Vernova and Amazon Web Services, Inc. (AWS), an Amazon.com, Inc. company, announced yesterday the signing of a strategic framework agreement (SFA) designed to (i) support AWS’s data center scaling and (ii) provide collaboration to address increasing global energy demand, advance grid security and reliability, and decarbonization of electric power systems.

Through the collaboration, GE Vernova will provide AWS with new offerings across a wide range of solutions to electrify data centers across North America, Europe, and Asia, and to support AWS's commitment to achieve net-zero carbon emissions by 2040. Conversely, AWS will provide GE Vernova cloud services solutions to advance its cloud migration and digital innovation efforts, including through generative AI.

GE Vernova's Chief Commercial Officer stated, “We are excited to work in collaboration with AWS as they advance their computing capabilities and data center capacity. We believe that GE Vernova is well positioned through its broad portfolio of energy products and services to help AWS obtain reliable, cost effective, and more sustainable electricity for its data centers in support of their growth objectives. We appreciate the opportunity to work strategically with a company that embraces innovative solutions and values strong collaboration.”

GE Vernova will continue to provide AWS with turnkey substation solutions to support connectivity of AWS data centers to the grid, including expansion of major electrical equipment, project management, and construction support.

GE Vernova will collaborate with AWS regarding renewable energy supplies, with a focus to enhance the path for commercializing onshore wind development projects. Moreover, GE Vernova and AWS will explore additional opportunities for GE Vernova to provide power generation equipment and services to AWS, along with GE Vernova’s accelerator businesses – Advanced Research, Consulting Services, and Financial Services – to advance energy transition innovation, research, project development, and financing.

Under the new SFA, AWS will provide GE Vernova cloud services solutions to advance its cloud migration and digital innovation efforts, including through generative AI. The expanded collaboration should lead to new potential technologies and cloud services, including AWS High Performance Computing (HPC). Furthermore, the collaboration should enable GE Vernova to accelerate development cycles and optimize operations for advanced digital technology solutions through large computational power and cloud elasticity. In addition, the collaboration may accelerate GE Vernova’s operational goals, leveraging AWS technologies in artificial intelligence, big data, and data analytics.

AWS's General Manager, Energy & Utilities, stated, “Through this expanded collaboration with GE Vernova, we’ll be able to accelerate data and energy efficiencies, driving reliable and more sustainable operations. Our shared goals of addressing increased global energy demand, advancing grid security, and decarbonizing electric power systems will help our customers across the globe.”
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