DOE funding available for distributed energy resource operations software
The Department of Energy announced $31 million in funding for research to improve distribution level grid operations of solar, wind, energy storage, and other inverter-based resources.
Texas is the proving ground for a new way of electric grid operation
Texas is uniquely suited to adopt virtual power plant technology due to its competitive, deregulated market. Its success highlights the “perverse incentive” of vertically integrated utilities in other states to make capital expenditures without discretion to raise profits.
Sunrise brief: The role of states in promoting virtual power plants
Also on the rise: Qcells residential solar financing arm closes its first asset backed securities. NYPA prequalifies 79 developers and investors for renewable projects. And more.
What are states doing to make virtual power plants a reality?
With policymakers, utilities, and private enterprise working collaboratively to find solutions that work for a given state’s unique circumstances, we will surely see continued growth of virtual power plants.
Sunrise brief: Opposition stymies solar – sometimes
Also on the rise: Solar and wind powered boat’s final voyage across the sea. Active Surfaces raises $5.6 million to develop ‘solar 2.0’. And more.
Renew Home launches with virtual power plant solution
Through the partnership of Google Nest Renew and OhmConnect, Renew Home, has a goal of expanding from 3 GW of electrical energy use to 50 GW by 2030.
Sunrun to aid California in its electricity imbalance with home solar and battery VPP
Over 16,000 Sunrun customers will supply the grid during peak electricity demand events.
Virtual power plant preventing blackouts in Puerto Rico
Sunrun, a U.S.-based residential solar installer, says nearly 1,800 customers have already signed up to its PowerOn Puerto Rico virtual power plant (VPP). The program deploys stored solar energy from customers’ batteries to the grid, preventing power supply shortfalls on the island.
Sunnova earnings dip, unrestricted cash grows as it mends balance sheet
Sunnova Energy International, a residential solar, storage, and adaptive services company, announced declining revenues and an increased focus on cash generation in its Q1 2024 earnings report.
50 states of grid modernization
North Carolina Clean Energy Technology Center’s recent report looks at how states are doing with legislative and regulatory action related to shoring up the power grid.
