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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

California Solar Thermal Project Achieves "First Sync" to Grid

LCG, September 25, 2013--BrightSource Energy Inc. announced yesterday that the Ivanpah Solar Electric Generating System produced its first output of electricity when the Unit 1 station was synchronized to the power grid for the first time. The electric generating capacity of the project, located in California?s Mojave Desert, is 377 MW (net).

The Ivanpah Solar Electric Generating System project will be the world's largest solar thermal plant, utilizing 3,500 acres of public land. The project employs a power tower technology that includes large heliostats that track (in two dimensions) the sun throughout the day to focus the sun's energy on boilers positioned atop 459 foot tall towers. The sun's energy heats the water to create superheated steam that drives turbines and generators to produce electricity.

The project is jointly-owned by NRG Energy, Inc., BrightSource Energy, Inc. and Google. Bechtel is responsible for project engineering, procurement, construction and commissioning.

Pacific Gas and Electric (PG&E) has a power purchase agreement (PPA) for the energy produced from Unit 1 and Unit 3. Southern California Edison has a PPA for the power generated from Unit 2.
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