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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

Duke Completes Solar PV Project in North Carolina

LCG, January 16, 2013--Duke Energy Renewables announced last week that construction of the Washington White Post Solar Power Project, a 12.5-MW utility-scale solar facility, is complete. The project, located in Beaufort County, North Carolina, was placed into service last month.

The power generated by the Washington White Post Solar Power Project will be purchased by the North Carolina Eastern Municipal Power Agency (NCEMPA) through a 15-year, power purchase agreement (PPA). The facility is Duke Energy Renewables' fourteenth wholly-owned commercial solar farm.

Duke Energy's CEO stated, "This project fits well with our mission to provide affordable and increasingly clean energy to North Carolina. As a merged company, we are delighted to build on Progress Energy's proud history of service and involvement in eastern North Carolina. The Washington White Post solar project further demonstrates our commitment to continuing this legacy."

"With the 11MW of commercial solar power we already generate in North Carolina, the Beaufort County facility more than doubles our solar capacity in the state," said the president of Duke Energy Renewables. "In fact, it is our largest solar power project in the eastern US."

Duke Energy Renewables contracted with SunEnergy1, a solar design, engineering and construction company, to build the 53,000-panel solar photovoltaic (PV) project. SunEnergy1 will continue to operate and maintain the facility.

North Carolina established a Renewable Energy and Energy Efficiency Portfolio Standard (REPS)in August 2007. Electric cooperatives and municipal utilities must meet a target of 10% renewables by 2018. All investor-owned utilities in the state are required to supply 12.5% of 2020 retail electricity sales from eligible energy resources and are subject to slightly different rules. The overall targets for renewable energy include technology-specific targets, including a solar carve-out.
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