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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

EPCOR Expands Wind Farm Potential in Ontario

LCG, April 22, 2005--EPCOR has reached an agreement to acquire Port Albert Wind Farms, Ltd. (PAWF), including the development and interconnection rights for more than 270 MW of electric generation derived from the wind along the western shores of Lake Huron.

In Ontario, EPCOR is already constructing the Kingsbridge Wind Power Project that is scheduled to commence operations in late 2005 or early 2006. The 39.6-MW project, located near Goderich, is adjacent to most of the development rights acquired from PAWF.

The Kingsbridge Wind Power Project was selected last November by the Ontario Ministry of Energy following the release of the Ontario government's Request for Proposals (RFP) for renewable energy supplies earlier last year. New energy supplies are critical to the Province of Ontario, which has already committed to closing 7,600 MW of coal-fired generating capacity - including the 1,140-MW Lakeview Generating Station this month - by 2008 in order to improve air quality.

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