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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

Progress Energy Declares New Facilities Operational

LCG, June 2, 2003--Sunday marked the official start of operations for two new power plants constructed by Progress Energy, and located in Georgia and North Carolina.

The Rowan County Energy Complex, in Rowan County, NC, is a combined-cycle plant rated at 925 megawatts. Its three simple-cycle turbines, which account for 459 megawatts, began producing power one year ago. The Washington County Energy Complex consists of four combustion turbines of 150 megawatts each. It and the Rowan plant run on natural gas.

"We are very pleased with the support we have received from the people of Sandersville and Salisbury throughout construction. We are proud to be part of both of these communities, and to be adding efficient energy resources for these two regions," said Joel Kamya, a vice president for Progress Energy's Plant Construction unit. Progress Energy owns 23,000 megawatts of power production capability, and owns electric power utilities in the Carolinas and Florida. It also is engaged in unregulated power sales and marketing, as well as natural gas drilling.
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