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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

Entergy Agrees to Hookup for Huge Panda Powerhouse

LCG, Aug. 9, 2000--Panda Energy International said on Tuesday that its Union Power Partners affiliate, developer of a 2,720 megawatt power plant in El Dorado, Ark., had signed an agreement with Entergy Arkansas Inc. for hooking the huge merchant facility up to the grid.

Panda said the agreement is "another major milestone" in the successful development of what will be the largest 100 percent merchant power plant ever built in the United States.

As part of its agreement, Panda will contribute several million dollars worth of new transmissionsystem equipment to Entergy to allow its bulk system to accommodate a facility of El Dorado's sizeand scope.

Garry Hubbard, Pandas senior vice president for merchant plant development, said the agreementallows the facility to interconnect with Entergy's bulk transmission system which will enable sales ofelectricity and ancillary services to wholesale power customers.

Site preparation for the big power plant is complete, Panda said, and construction will begin this fall. First phase operations are scheduled to begin in the spring of 2002.

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