Tag: VPPs
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Octopus Energy US partners with Enphase, plans virtual power plant in ERCOT
Renewable energy retailer Octopus Energy U.S. formed a new partnership with Enphase Energy, to provide its customers the opportunity to add Enphase home solar + battery systems in their energy plan. As part of the deal, Octopus Energy plans to create a virtual power plant with the Enphase home battery systems, and bid the capacity……
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Google Nest, General Motors headline RMI’s Virtual Power Plant Partnership
Virtual power plants (VPP) are an intriguing path to a more efficient and cost-effective electric grid. VPPs involve the aggregation and coordination of distributed energy resources (like homes with solar + battery storage or smart thermostats or even EVs) to work together as an asset on the grid. Customers themselves or their authorized energy management……
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VPPs are an emerging investment asset class
The fast pace of recent solar + storage-based virtual power plant (VPP) rollouts across the country is leading to the emergence of new asset class for institutional investors, say players in the field. Virtual power purchase agreements (VPPA) have all the security of a traditional utility PPA, but depending on the system design, the benefits……
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Puerto Rico transforming its grid with 17-MW virtual power plant via Sunrun
Sunrun is connecting a 17 MW virtual power plant (VPP) in Puerto Rico to help rebuild and transform the island’s energy system. This VPP, consisting of more than 7,000 Sunrun home solar-plus-battery systems will be the first distributed large-scale storage program on the island. VPPs are great for lowering energy costs for all consumers, providing……
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Sunnova secures 85 MW in ISO-New England Forward Capacity Auction
Sunnova Energy International Inc.’s news flurry continues. Last week came the big announcement that it purchased Lennar’s residential solar platform SunStreet as well as become its exclusive solar + storage installer. Right after that came word that it secured 85-MW in the recent ISO-New England Forward Capacity Auction (FCA15). Sunnova’s aggregatedRead More — Solar Builder magazine