Also on the rise: Wyoming legislation attacks net metering, small-scale solar. Enphase full-year revenues down 42%. And more.
After a two-month break following dismissal from his position as director of the Department of Energy’s Loan Programs Office, Shah can soon be found behind a microphone with a podcaster’s hat on.
Also on the rise: U.S. House Energy Committee expresses outrage over solar sales tactics. Trends in U.S. grid-scale energy storage. And more.
With net metering waning in the United States and utilities looking for ways to affordably bolster their electricity networks, the US Department of Energy (DOE) is trying to support virtual power plant (VPP) deployment. Solar industry veteran Jigar Shah, known as the father of the solar power purchase agreement, is now leading the charge at the department’s Loans Programs Office.
With the days of solar net metering “numbered” and more utilities looking to deploy virtual power plants that compensate owners of distributed storage, industry veteran Jigar Shah sees virtual power plants as a route to industry success.
The Renewable Battery Connect initiative will call on home battery owners to discharge power to the grid when electricity demand is especially high, and provide them with financial incentives in return.
Electrify America signed a power purchase agreement for a 75 MW utility-scale solar facility.
The growing need for virtual power plants, which dispatch energy when and where it is needed, is giving rise to opportunities for software companies, such as Leap, to handle the complexities of navigating energy markets.
The 2023 BloombergNEF Summit focused on grid innovations, climate change and renewable energy technology and saw in excess of 800 attendees turn out in person and on a live webcast, with about 26 corporate sponsors.
A $3 billion Department of Energy conditional loan is expected to support Sunnova’s loan program for disadvantaged communities.
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