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: Setting standards for solar supply chain transparency
Also on the rise: Kimberly-Clark Corp. signs $230 million+ tax credit transfer deal with Schneider Electric. BLM seeks comment on two large-scale solar projects. 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.
ES Solar and sonnen find success in Wattsmart VPP program in Utah
ES Solar says its objective is to retrofit 40% of all residential solar arrays in Utah with sonnen VPP batteries.
Sunrun stock rises on strong cash generation in Q2 earnings
The residential solar and energy storage provider increased its battery attachment rates and net subscriber value of its customers.
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.
In case you missed it: Five big solar stories in the news this week
pv magazine USA spotlights news of the past week including market trends, project updates, policy changes and more.
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.
