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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

Arizona Solar Project Delivers 250 MW to the Grid

LCG, September 19, 2012--First Solar, Inc. recently announced that the Agua Caliente solar project reached a peak electric generating capacity of 250 MW (AC) connected to the grid. The Arizona project is claimed to be the largest operating solar photovoltaic (PV) power plant in the world. The total project electric generating capacity will be 290 MW when it is completed in 2014.

First Solar designed and is constructing the project using its advanced thin-film PV modules and will operate and maintain the facility for owners NRG Energy and MidAmerican Solar. The power output will be delivered to Pacific Gas and Electric Company (PG&E) through a 25-year power purchase agreement (PPA).

Project construction began in the fall of 2010 and solar module installation began in June of 2011. Commercial operation commenced in January 2012, when it began generating 30 MW to the grid. The phased project reached 100 MW of output this spring and 200 MW this summer.

The Agua Caliente project is being financed with support from a loan guarantee from the U.S. Department of Energy's Loan Programs Office.
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