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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

New York State Okays 800 Megawatt Sithe Plant

LCG, Jan. 24, 2001Sithe Energies Inc. said this morning that the New York State Board on Electric Generation Siting and the Environment had granted in a certificate of environmental compatibility and public need for an 800 megawatt power plant proposed for the Town of Scriba near Oswego, N.Y.

The new facility, called Heritage Station, is a joint venture between Sithe and General Electric Co. and will use GE's latest gas turbine equipment. Construction is expected to begin this spring with commercial operation penciled in for 2004.

"This approval demonstrates that a collective effort among the electric generation industry, localresidents and public officials can contribute real solutions to New York's present and future electricityneeds," said Barry Sullivan, Sithe's vice chairman.

The new power plant will be built adjacent to Sithe's existing Independence Station in Scriba.

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