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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

Tri-State and First Solar Announce 30-MW Solar Project in New Mexico

LCG, March 25, 2009--Tri-State Generation and Transmission Association (Tri-State) announced yesterday that it executed an agreement with First Solar, Inc. to develop a 30-MW solar photovoltaic (PV) electric generating facility in northeastern New Mexico. Tri-State contracted to purchase the power generated from the facility over a 25-year term.

Construction of the Cimarron I Solar Project is scheduled to begin by April 2010, with the initial phase delivering power by August and full operations achieved by year-end.

The Cimarron I Solar Project will be built on a 250-acre site in Colfax County. The project will include approximately 500,000 PV modules, with each module measuring 2 feet by 4 feet. The PV modules will employ First Solar's patented, thin film semiconductor technology.

First Solar will act as the engineering, procurement and construction (EPC) contractor and expects to monitor and maintain the facility over time. First Solar also expects that it will transfer all or substantially all of its equity interest in the project once construction is complete.

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