NEM 3.0 sparks the growing potential of virtual power plants
Exploring California’s energy transition with the help of alternative battery technologies.
Solar Earnings Recap: SunPower, Sunrun and SolarEdge
pv magazine USA’s recap of notable upstream solar, integrated solar, finance and rooftop installers that reported quarterly or fiscal year earnings over the last week.
Sunrise brief: Virtual power plants could save utilities up to $35 billion by 2033
Also on the rise: Why solar assets are underperforming expectations by 8%. Ikea bets on Meyer Burger’s heterojunction solar modules. And more.
Virtual power plants could save utilities up to $35 billion by 2033
The Brattle Group compares the net cost of providing 400 MW of resource adequacy from three resource types: a natural gas peaker, a grid-interconnected battery system, and a VPP composed of residential demand flexibility technologies.
Sunnova doubles customer count in Q1 2023
The solar and energy-as-a-service company recorded more than 5,000 of new customers in Puerto Rico, representing its second highest market after California, where it added 5,512 new customers.
SunPower paid customers via app to support the grid at peak demand
In a virtual power plant partnership with OhmConnect, SunPower customers can earn rewards for managing electricity use during peak electricity demand hours.
Sunnova secures $3 billion for virtual power plant loan program
A $3 billion Department of Energy conditional loan is expected to support Sunnova’s loan program for disadvantaged communities.
California tops the virtual power plant market
Wood Mackenzie report finds that California has more VPPs than the three follow-up U.S. states combined.
Sunrise brief: Robot dogs monitor for faults at solar plants
Also on the rise: Solar project updates in California, Texas, Arkansas, Tennessee. Transferability, or selling tax credits, top of mind at SEIA Finance. And more.
RMI’s virtual power plant partnership expands
CPower joins RMI, Google Nest, Ford, General Motors, and others to scale the market for virtual power plants.
