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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

SCE Announces Agreements for 726 MW of Solar Power

LCG, June 18, 2009--Southern California Edison (SCE) announced yesterday that it executed two power purchase agreements (PPAs) with Solar Millennium for the output from two, 242-MW solar-thermal stations, with an option to double the capacity of one station.

The locations for the planned solar power stations are in southeastern California, near the towns of Blythe and Ridgecrest. The stations are scheduled to commence operations in 2013 and 2014.

Solar Millennium, LLC, Berkeley, a subsidiary of Solar Millennium, is to develop the projects that employ a parabolic trough design. Long, parabolic mirrors reflect sunlight onto a tube, where the concentrated solar energy heats a working fluid that in turn is used to create superheated steam. The steam is used in a traditional steam turbine - generator set for power production.

Solar Millennium stated that construction may begin by the end of of next year, given timely approval of permit applications and other regulatory approval.
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