Sunrise brief: Maxeon Solar pivots business to focus exclusively on U.S. market
Also on the rise: Energy Department announces $289.7 million loan guarantee for widespread VPPs. Fifteen states shine with 50%+ solar growth in a year. And more.
The grid’s new secret weapon: Your home
Rising energy costs and environmental concerns are pushing buyers toward sustainable features, making virtual power plant capability a valuable selling point.
Sunrise brief: Solar stocks plummet, market is “wildly emotional” about Trump
Also on the rise: 500 GW of solar could interconnect at existing fossil-fired generators. The great untapped potential of virtual power plants
global installed PV capacity tops 2 TW. And more.
Sunrun CEO: “Grandpa’s grid is not built to supply consumers what they need”
Mary Powell, chief executive officer of major U.S. residential solar installer Sunrun delivered a keynote address on the promise of distributed energy during pv magazine USA week this October.
Sunrise brief: Crux announces over $3.1 billion in tax credits transferred
Also on the rise: Sunrun and New York utility embark on residential virtual power plant. U.S. solar factories: From announcements to reality. And more.
Sunrun and New York utility embark on residential virtual power plant
In coordination with Orange and Rockland Utilities, the VPP program makes 300 solar-plus-storage systems available for grid stability.
Sunrise brief: Over 60% of surveyed Trump voters in Texas said they support solar tax credits
Also on the rise: Heliene receives $54 million investment to boost U.S. manufacturing. Enabling distributed battery owners in every state to earn compensation. And more.
How to fix our nation’s growing electricity supply problem
One solution is to aggregate distributed energy resources with energy management systems and energy storage, into virtual power plants, which are proving their worth as key players in increasing grid capacity and balancing the grid.
Commercial real estate to host VPP-connected flywheels and batteries
U.S.-based technology provider Torus has agreed to supply nearly 26 MWh of energy storage for Gardner Group’s commercial real estate portfolio. The project will integrate battery and flywheel energy storage systems (BESS, FESS) with Torus’ proprietary energy management platform.
Sunrise brief: Solar panel import tariffs increasing prices by up to 286%
Also on the rise: Total U.S. solar module manufacturing capacity grows by 71% in Q1 2024. California bill amends ruling that gutted value of solar for multi-meter properties. And more.
