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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

Ontario Plans 40-MW Solar Project

LCG, April 28, 2007--The Ontario Ministry of Energy announced yesterday that it has committed to a solar project with a capacity of 40 MW through its Renewable Standard Offer Program. The project is scheduled to be completed by 2010. Since February, thirty six renewable energy projects, with a combined electric generating capacity of 250 MW, have been awarded through the Standard Offer Program.

The solar project will be installed in Sarnia by OptiSolar Farms. The project will consist of four solar farms and include over one million ground-mounted solar panels designed to convert solar energy into electricity.

The Ontario Ministry of Energy also announced that other renewable energy projects were awarded contracts through the Standard Offer Program, including: two residential-sized solar photovoltaic installations, several 10-MW wind farms and two waterpower projects with First Nations participation. All of the contracted projects are scheduled to be in service by 2010.




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