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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

Southern Power to Acquire Biomass Project in Texas

LCG, October 12, 2009--Southern Power announced on Friday that it will acquire Nacogdoches Power, LLC and a planned, 100-MW power plant to be fueled with biomass from American Renewables, LLC. Construction on the project, located in east Texas in Nacogdoches County, is planned to commence this fall. Commercial operation is scheduled to begin in the summer of 2012.

When completed, the facility will burn forest residues, wood processing residues and clean municipal wood wasted in a fluidized boiler to generate steam that will drive a steam turbine to generate electricity. The annual fuel required will be approximately one million tons, which is expected to be transported to the plant from with a 75-mile radius of the project site.

Power generated from the electric generating facility is committed through a 20-year, power purchase agreement (PPA) with Austin Energy, the municipal utility of Austin, Texas.

Southern Power is a subsidiary of Southern Company that acquires, builds, manages and owns wholesale generation assets. The acquisition of Nacogdoches Power, LLC is a new venture for Southern Power into biomass fuels, as well as into the State of Texas. Southern Power currently owns and operates more than 7,700 MW of natural gas-fueled generation assets in Alabama, Georgia, Florida, and North Carolina.

American Renewables brings together the project development, operations, energy investment and asset management skills of its three partners: BayCorp Holdings, Energy Management, Inc. and Tyr Energy. American Renewables is also developing similar, 100-MW biomass projects in north Florida.
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