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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

TVA Adds to Its Wind Farm Portfolio

LCG, January 25, 2012--The Tennessee Valley Authority (TVA) announced last Friday that it agreed to purchase power from four wind farms in Kansas, Illinois and Iowa that have a combined capacity of 535 MW. Today, TVA has activated a wind energy portfolio totaling 950 MW, including five operating wind farms in the Midwest with a combined 542 wind turbines.

The new wind farms that began delivery to TVA in January are: ENEL Green Power's 201-MW Caney River wind farm in Elk County, Kansas; NextEra Energy Resources' 150-MW White Oak Energy Center in McLean County, Illinois; EDP Renewables North America's 101-MW Lost Lakes wind farm in Dickinson County, Iowa; and an additional 83-MW from EDP Renewables' Pioneer Prairie site in Howard and Mitchell counties, Iowa, which commenced production for TVA in 2010.

TVA senior vice president for Commercial Operations and Pricing stated, "Delivery of power from these contracts and others expected to be activated in the near future will enable TVA to continue advancing towards its vision to become one of the nation's leaders in clean energy by 2020."

TVA stated that all of its wind contracts are subject to satisfying applicable environmental requirements and securing firm transmission paths.

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