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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

Construction Begins on Kawailoa Wind Project in Hawaii

LCG, February 27, 2012--Construction has commenced on the 69-MW Kawailoa Wind Project on Oahu's North Shore. The project, scheduled to deliver power to the grid in November, will be the largest wind farm in Hawaii. The project developer, First Wind, has a twenty-year power purchase agreement (PPA) with Hawaiian Electric Company (HECO) for the power generated from the wind farm.

The Kawailoa Wind Project includes thirty, 2.3-MW Siemens wind turbines that will be installed on Kamehameha Schools' Kawailoa Plantation.

Hawaii's Senator Akaka stated, "This groundbreaking for Kawailoa Wind is an historic occasion for Hawaii because, as the largest wind project ever in the state, it will harness enough clean, sustainable energy to provide power for thousands of families on Oahu. Renewable electricity production makes our islands more energy self-sufficient, environmentally sustainable, and secure, which is critically important now and for future generations."

In December 2011, the Hawaii Public Utilities Commission approved the PPA between First Wind and HECO. Hawaii?s renewable portfolio standard (RPS), which was modified by legislation passed in 2009, now requires renewable electrical energy generation from utilities to rise to 40% by 2030.

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