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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

Local Opposition to Cape Wind Project Persists

LCG, June 19, 2009--Cape Wind Associates must respond to continued local opposition to its wind farm planned for installation in Nantucket Sound, about five miles off the shore of Massachusetts. The project developer, Cape Wind, has pursued government approval since 2001.

The Cape Cod Commission (CCC), a local land-use planning and regulatory agency, together with the city of Barnstable and the Alliance to Protect Nantucket Sound, appealed the Massachusetts Energy Facilities Siting Board?s approval of the Cape Wind offshore energy project. The Massachusetts Supreme Judicial Court will hear the appeal.

On May 28, the Massachusetts Energy Facilities Siting Board completed a Certificate of Environmental Impact and Public Interest granting all of the state and local permits necessary for the Cape Wind Associates wind energy project to proceed to construction. The Siting Board voted 7-0 to grant the Certificate, with minor modifications.

The Cape Wind Energy Project has a design generating capacity of 468 MW and includes 130 wind turbines that would - at the highest blade tip - extend 440 feet above the surface of the water. Concerns of opponents to the project include the visibility of the wind farm and related impacts on tourism.
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