Articles and Press Releases

• The transaction marks the second exit for EnCap Energy Transition Fund I • Jupiter Power operates the largest battery storage fleet in Texas with proprietary dispatch optimization • Jupiter Power’s experienced management team has grown its project pipeline to over 11,000 megawatts by leveraging unique greenfield development strategies and expertise ‍ HOUSTON, TEXAS — […]

AUSTIN, Texas, LUGANO, Switzerland & WESTLAKE VILLAGE, Calif. — September 28, 2022 — Jupiter Power LLC (“Jupiter Power” or “Jupiter”), the leading United States developer and operator of utility-scale, battery energy storage systems(“BESS”), today announced the execution of an agreement with Energy Vault Holdings Inc. (NYSE:NRGV) (“Energy Vault”), a leader in sustainable, grid-scale energy storage […]

Energy Vault will supply a 100 MW (200 MWh) battery energy storage system at a Jupiter Power Facility near Fort Stockton, Texas, which will provide energy and ancillary services to ERCOT. Energy Vault will additionally construct and commission a 10 MW (20 MWh) battery energy storage system for Jupiter Power in Carpinteria, California, which will […]

· New 200MW/200MWh facility in Crane County achieved commercial operations and is one of the largest battery energy storage projects in ERCOT · Jupiter Power’s total dispatchable energy storage capacity is now over 450MWh, and the company has another 200MWh project in late-stage commissioning and over 500MWh of projects in late stages of development · […]

AUSTIN, Texas — (BUSINESS WIRE) — Jupiter Power LLC (“Jupiter” or “Jupiter Power”)Hatch EQ I LLC (“Hatch EQ”) have announced the execution of an innovative energy storage tolling agreement. Hatch EQ is a previously announced pioneering partnership between Hatch Renewables LLC (“Hatch”), backed by Ridgemont Equity Partners, and Equilibrium Energy, Inc (“Equilibrium”), a venture-backed startup. Jupiter Power is a leading stand-alone energy storage developer, owner and operator with more […]

AUSTIN – Jupiter Power LLC (“Jupiter”), a leading developer and operator of utility-scale, battery energy storage systems, today announced the closing of a $174.6 million portfolio debt financing for six battery energy storage projects in the ERCOT market in Texas. KeyBank National Association(“KeyBank”) provided the financing. Jupiter is backed by EnCap Investments L.P., Yorktown Partners, and Mercuria […]

The new 200MWh storage facility is among the largest energy storage projects in commercial operation in Texas.  Flower Valley I and Flower Valley II represent a combined investment of more than $70 million in Reeves County. Jupiter expects a total of more than 650MWh of dispatchable energy storage capacity to be operational before the 2022 […]

Utility-scale energy storage company Jupiter Power LLC (“Jupiter”) today announced it will build six stand-alone, utility-scale battery storage projects this year, totaling 652 megawatt-hours of energy storage capacity. The projects consist of three 200-megawatt-hour projects and three smaller projects, each strategically sited and configured at optimized locations. The projects are all expected to be online by Q3 […]