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.
Passing these bills would make the state among the most ambitious in the Midwest when it comes to growing storage capacity and encouraging business models that unlock the full potential of this technology, like the “virtual power plant” model.
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 (VPPs) coordinate distributed resources and demand for a more resilient, cost-effective energy transition. And they are gaining traction in the United States.
Also on the rise: Automated solar permitting speeds approval process. PJM’s pace of interconnection will not meet demand through 2028, says NRDC. And more.
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.
Exploring California’s energy transition with the help of alternative battery technologies.
Also on the rise: SunPower customers paid via app to support the grid at peak demand. Yotta and Sunstone partner to offer commercial storage solutions. And more.
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