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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

AMSC Signs Agreement with Dongfang to Develop 5 MW Wind Turbines

LCG, January 6, 2010--American Superconductor Corporation (AMSC) announced yesterday that its wholly-owned AMSC Windtec™ subsidiary executed an agreement with Dongfang Turbine Co. Ltd. (Dongfang) to design and jointly develop 5 MW wind turbines for the offshore market.

Dongfang has exclusive rights to the 5-MW, offshore wind turbine designs in China and plans to begin supplying the global offshore market in 2012. According to the press release, AMSC has the right of first refusal to supply the core electrical components for Dongfang's 5 MW wind turbines.

Dongfang plans to commission shortly its first prototype 2.5-MW wind turbine designed under an earlier agreement with AMSC Windtec. Full production is expected to commence in the latter half of this year.

Dongfang is a subsidiary of Dongfang Electric Corporation, China's largest provider of power generating equipment and electric generating stations. In 2004 Dongfang Turbine entered the wind power market and became China's third largest wind turbine manufacturer in 2008.
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