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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

Cogentrix Moves Ahead on 810 Megawatt Mississippi Plant

LCG, May 30, 2001--Cogentrix Energy Inc. said yesterday it has completed the financingfor an 810 megawatt natural gas-fueled power plant to be located in the city of Southaven,Miss. and construction will begin next month, with commercial operation expected by June 2003.

David Lewis, chief executive of Cogentrix, said "We look forward to establishing ourselves as a valued member of the city of Southaven, DeSoto County and the State of Mississippi business community."

Enron Corp. subsidiary National Energy production Corp. will handle engineering, procurement and construction of the Southaven Power facility, which will be built on a 40-acre site adjacent to existing Entergy Corp. and Tennessee Valley Authority substations.

PG&E National Energy Group Inc.'s trading unit will provide fuel for the plant and accept its entire output under a long-term contract.

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