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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 Delhi Electricity Distribution Now Private

LCG, July 3, 2002--This week, two private companies took over responsibility for the distribution of electricity in the Indian capital, New Delhi, from the state-owned State Electricity Board.

New Delhi Power Minister Ajit Maken said that with Bombay Suburban Electricity Supply and Tata Power having been put in charge, "Consumers will gradually feel the difference."

The State Electricity Board reportedly lost 12 billion rupees ($250 million) over the past year because of power theft and transmission losses. While 2.6 million people out of the 10 million residents of New Delhi were customers of the utility, many did not pay for electricity, often taking power directly from overhead lines by informal means. Over one million meters are inoperable.

Tata Power's Firdose Vandrevala said, "Frequents power cuts will soon be history in the Indian capital." About one-quarter of power generated by the State Electricity Board is routinely lost through transmission and distribution.
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