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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

Canadian Solar Announces New Battery Energy Storage Projects in California and Texas

LCG, March 6, 2025--Canadian Solar Inc. (Canadian Solar) announced today that e-STORAGE, a subsidiary of Canadian Solar majority-owned subsidiary CSI Solar Co., Ltd. (CSI Solar), has secured Battery Supply Agreements and Long-Term Service Agreements (LTSA) for two major battery energy storage projects developed by Aypa Power, a Blackstone portfolio company. These projects are designed to improve grid resilience and support renewable energy integration. Construction of the projects is planned to begin in Q3 2025.

The LTSA's include the supply and commissioning of a 160 MW AC/806 MWh DC Battery Energy Storage System (BESS) in California and a 200 MW AC/998 MWh DC BESS in Texas. Approximately 370 SolBank 3.0 units will be included in the projects. Following commissioning, e-STORAGE will oversee system maintenance and operations under a 20-year LTSA.

e-STORAGE will integrate its proprietary SolBank 3.0 battery energy storage solution, featuring lithium-iron-phosphate battery technology, an active balancing battery management system, and advanced liquid cooling to ensure project safety and performance.

The President of e-STORAGE stated, "We are proud to support Aypa Power in delivering utility-scale energy storage projects that will play a pivotal role in enhancing grid flexibility and reliability. Our SolBank technology is designed to provide safe, high-performance energy storage solutions that meet the growing demands of the market. These projects highlight the increasing role of battery storage in stabilizing renewable energy supply, and we remain committed to driving innovation and delivering high-quality solutions that support a cleaner, more sustainable energy future."

These two battery projects may have plenty of company this year. The EIA recently projected U.S. battery storage capacity growth to set a record of 18.2 GW of utility-scale battery storage to be added to the grid in 2025. Last year, U.S. battery storage achieved record growth when power providers added 10.3 GW of new battery storage capacity.
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