Texas to activate its first virtual power plants
A pilot project tests how consumer-owned small energy devices like batteries, generators, electric vehicle chargers and more can be virtually aggregated and participate in the wholesale electricity market.
SolarEdge joins Xcel Energy’s virtual power plant incentive program in Colorado
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.
Leap raises $12 million to expand virtual power plant business
The funding round was led by Standard Investments with several other investors participating.
The rapid expansion of small-scale, distributed-generation solar
Small-scale PV systems drove the installation of more than 200 GW of solar capacity last year and could support more than 300 GW this year. That means a reset for utilities.
Michigan bill proposes residential solar-plus-storage credits
Michigan customers would be offered $500 per kW for a new solar system and $300 per kWh for a new battery storage system, which would be doubled for low- and moderate-income customers.
Lunar releases residential energy storage cabinet system
The company offers a battery, hybrid inverter, shutdown devices, and more.
Sunrise brief: Virtual power plants roll out across the U.S.
Also on the rise: Solar-plus-storage microgrids minimize power shutoffs during wildfires. Solar permitting reform at a turning point. And more.
Virtual power plants roll out across the U.S.
Virtual power plants (VPPs) coordinate distributed resources and demand for a more resilient, cost-effective energy transition. And they are gaining traction in the United States.
Navigating complex energy markets for VPP participants
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.
Bidgely releases hourly grid-monitoring distributed energy tool
An energy data software start-up company has released the 8760 Energy Model, a data set and report that provides utilities and industry stakeholders with behind-the-meter energy data tracked at the hourly level throughout the year.
