The company released an optimized time-of-use solution to unlock value under California’s net energy metering 3.0 electric rate environment.
The agreement will advance Project Hestia, a low-income distributed clean energy program.
Also on the rise: Not all ‘lithium-ion’ batteries are dangerous. Solar industry should focus on virtual power plants, says DOE’s Jigar Shah. And more.
With the days of solar net metering “numbered” and more utilities looking to deploy virtual power plants that compensate owners of distributed storage, industry veteran Jigar Shah sees virtual power plants as a route to industry success.
Also on the rise: Microsoft invests in 6.6 MW solar facility in Mississippi. Texas to activate its first virtual power plants. And more.
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.
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.
The funding round was led by Standard Investments with several other investors participating.
An electric bus charging station on Martha’s Vineyard is using microgrid controllers to turn solar-plus-storage EV charging centers into microgrids that provide power when the grid goes down.
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.
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