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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

Funds Provided for Evaluation of 9-MW, Offshore Wind Turbine

LCG, January 29, 2009--The Energy Technologies Institute (ETI) announced earlier this month that it will provide approximately $28.5 million to fund research for the an offshore, vertical-axis wind turbine with a targeted electric generating capacity of 9 MW.

The Aerogenerator is a V-shaped turbine designed to spin around a vertical axis to improve efficiency and stability in off-shore operations. The blades would rise approximately 115 feet into the air.

The goal of "Project Nova" is to develop a full-scale, pilot installation within six years. A consortium that includes, OTM Consulting, representatives from Cranfield, Strathclyde and Sheffield Universities, the Center for Environment, Fisheries and Aquaculture and SME Wind Power, will evaluate the feasibility of the Aerogenerator.

The ETI is a partnership between the UK government and private sector companies, currently including: BP, Caterpillar, EDF Energy, E.ON, Rolls-Royce and Shell.
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