Virtual power plant

mPrest Selected as DERMS Provider for Doral Energy

Retrieved on:

Sunday, January 28, 2024

VPP, Electric power distribution, Energy, Independent power producer, Metre, Carbon, Virtual power plant, Solar energy, IPP, Renewable energy

PETACH TIKVA, Israel, Jan. 28, 2024 /PRNewswire/ -- mPrest, a leading developer and provider of dynamic grid aware, as well as Behind the Meter, Distributed Energy Resource Management Systems (DERMS) has been chosen by Doral Energy, a leading global company in the field of renewable energy, as its DERMS platform for the purpose of managing and optimizing its distributed solar and storage assets profits.

Key Points:

PETACH TIKVA, Israel, Jan. 28, 2024 /PRNewswire/ -- mPrest, a leading developer and provider of dynamic grid aware, as well as Behind the Meter, Distributed Energy Resource Management Systems (DERMS) has been chosen by Doral Energy, a leading global company in the field of renewable energy, as its DERMS platform for the purpose of managing and optimizing its distributed solar and storage assets profits.
Doral Energy is a developer and owner of hundreds of profitable renewable energy projects and an energy supplier to leading corporations.
We are therefore honored to partner with Doral Energy, in optimizing their energy trading profits".
Extending our centralized distribution focused DERMS to also act as an edge DERMS is a testament to our commitment to driving innovation in the energy sector," said Ron Halpern, mPrest Chief Commercial Officer.

CPower Announces "Customer-Powered Grid™ Award" Winners during GridFuture 2024 Conference

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Friday, January 26, 2024

C&I, VPP, Partnership, DER, PJM, Carbon, Acceleration, Distributed generation, Organization, Virtual power plant, Electric power

WASHINGTON, Jan. 26, 2024 /PRNewswire/ -- CPower Energy ("CPower"), the leading, national Distributed Energy Resource (DER) monetization and Virtual Power Plant (VPP) provider, announced the winners of the Customer-Powered Grid™ Awards during the 2024 GridFuture event, an industry-event hosted by CPower focused on the future of DERs and VPPs.

Key Points:

CPower selected the winners by surveying its customers and examining metrics including grid program participation, carbon reduction metrics, years of participation, and more.
The winners were chosen amongst CPower's 2,500+ customers.
The Innovative Solutions Award was presented to Energy Toolbase for its integration with CPower and work to enable their customers' participation in grid service programs.
Partnering with CPower has enabled Energy Toolbase to extend services in regions other grid services companies cannot and bring inventive ways for its customers to curtail load.

Global Virtual Power Plant (VPP) Market Report 2024-2034: Increasing Adoption of Residential Solar, Storage, and Smart Home Technologies Contributes to the Growth of VPPs

Retrieved on:

Friday, January 12, 2024

Growth, VPP, Distributed generation, Generator, Risk, Benefit, Organization, Virtual power plant, Smart, Market, Uranium mining

DUBLIN, Jan. 12, 2024 /PRNewswire/ -- The "Virtual Power Plant (VPP) Market Report 2024-2034" report has been added to ResearchAndMarkets.com's offering.

Key Points:

DUBLIN, Jan. 12, 2024 /PRNewswire/ -- The "Virtual Power Plant (VPP) Market Report 2024-2034" report has been added to ResearchAndMarkets.com's offering.
Overall world revenue for Virtual Power Plant (VPP) Market, 2024 to 2034 in terms of value market will surpass US$2.6 billion in 2024, this work calculates.
The Virtual Power Plant (VPP) Market Report 2024-2034: This report will prove invaluable to leading firms striving for new revenue pockets if they wish to better understand the industry and its underlying dynamics.
Where is the virtual power plant (VPP) market heading and how can you ensure you are at the forefront of the market?

Emeren Group Successfully Acquired 10.76 MWh Energy Storage Portfolio in China, Entering Virtual Power Plant Market

Retrieved on:

Tuesday, January 9, 2024

VPP, Huaneng Power International, Carbon, Acquisition, Virtual power plant, IPP, Renewable energy

STAMFORD, Conn., Jan. 9, 2024 /PRNewswire/ -- Emeren Group Ltd ("Emeren" or the "Company") ( www.emeren.com ) (NYSE: SOL), a leading global solar project developer, owner, and operator, today announced the successful acquisition of a 10.76 MWh energy storage power portfolio from Kunneng Smart Energy Service Group Co. LTD ("Kunneng Group"), which specializes in renewable energy industry, offering comprehensive solutions in solar, energy storage, power sales, and carbon asset management in China.

Key Points:

STAMFORD, Conn., Jan. 9, 2024 /PRNewswire/ -- Emeren Group Ltd ("Emeren" or the "Company") ( www.emeren.com ) (NYSE: SOL), a leading global solar project developer, owner, and operator, today announced the successful acquisition of a 10.76 MWh energy storage power portfolio from Kunneng Smart Energy Service Group Co. LTD ("Kunneng Group"), which specializes in renewable energy industry, offering comprehensive solutions in solar, energy storage, power sales, and carbon asset management in China.
Located in Zhejiang Province, the 10.76 MWh portfolio comprises six energy storage power stations, operates under the Energy Management Services agreements providing benefits to the customers based on energy arbitrage.
Emeren will realize its return on investment mainly from the energy arbitrage with additional revenue coming from various Virtual Power Plant ("VPP") scenarios.
Yumin Liu, CEO of Emeren Group, commented, "We aim to meet the escalating energy demand and contribute to the energy storage industry.

Bitech Technologies Receives Initial Purchase Order for its Innovative Energy-Saving VPP Solution to Enter the Building Energy Management System (BEMS) Market

Retrieved on:

Friday, January 5, 2024

In a strategic advancement to further enhance its technology offerings, the Company has developed innovative technology solutions specifically designed for MDU (Multi Dwelling Unit) buildings.

Key Points:

In a strategic advancement to further enhance its technology offerings, the Company has developed innovative technology solutions specifically designed for MDU (Multi Dwelling Unit) buildings.
With the rising demand for sustainable and cost-effective energy solutions, we see immense potential in partnering with them to implement our innovative ADR 4 (Automated Demand Response) technology.
After months of research and development, the Company is proud to unveil its latest technology solution specifically designed for MDU buildings.
Not only does this new technology solution offer added convenience and cost savings, but it also promotes sustainable practices by reducing overall building energy consumption.

Acrohash Partners with CPower to Support Grid Reliability

Retrieved on:

Tuesday, December 19, 2023

Crypto, Partnership, DER, Virtual power plant, Marketing, Mining, VPP, Distributed generation, ERCOT, Foreman, Senior, Renewable energy

BALTIMORE, Dec. 19, 2023 /PRNewswire/ -- Today, CPower Energy ("CPower"), the leading, national Distributed Energy Resource (DER) monetization and Virtual Power Plant (VPP) provider, announced that crypto mining company Acrohash, Inc ("Acrohash") has selected CPower to help Acrohash support the reliability of the Texas grid during times of peak demand. CPower's Virtual Power Plant Platform enables Acrohash's participation in grid services to provide 155 MW to the grid when it's needed most, the equivalent to powering approximately 31,000 homes in the summertime.

Key Points:

Through CPower's Virtual Power Plant Platform, Acrohash can swiftly respond to grid dynamics to safeguard power for millions of people across Texas
BALTIMORE, Dec. 19, 2023 /PRNewswire/ -- Today, CPower Energy (" CPower "), the leading, national Distributed Energy Resource (DER) monetization and Virtual Power Plant (VPP) provider, announced that crypto mining company Acrohash, Inc ("Acrohash") has selected CPower to help Acrohash support the reliability of the Texas grid during times of peak demand.
"Our partnership with CPower will allow Acrohash to give back to the grid at critical moments when demand is threatening to outpace supply.
Through its Four Coincident Peak ("4CP") and Emergency Response Service ("ERS") program stacking agreement with CPower, Acrohash will be able to rapidly drop load during emergency grid events called by Texas grid operator ERCOT.
"We're proud to help Acrohash provide invaluable flexibility to the Texas grid," said Glenn Bogarde, Senior Vice President, Sales and Marketing, CPower.

Uplight to Acquire AutoGrid, Expanding Clean Energy Offerings, Markets, and Business Models

Retrieved on:

Thursday, December 14, 2023

Alternative Energy, Energy, Other Energy, Utilities, Acquisition, Virtual power plant, EVS, VPP, Ecosystem, Cooley LLP, HVAC, Flex, Martha Plimpton, Schneider Electric, Renewable energy, Electric power

The combined capabilities of Uplight and AutoGrid will provide utilities and new energy players with a single platform to integrate, orchestrate, and monetize distributed energy resources (DERs).

Key Points:

The combined capabilities of Uplight and AutoGrid will provide utilities and new energy players with a single platform to integrate, orchestrate, and monetize distributed energy resources (DERs).
As decarbonization and electrification rapidly change the needs of the energy ecosystem, reliable load flexibility has become essential to managing the grid.
Until now, utilities and energy companies have not had a single, unified platform to create grid-scale flexible capacity.
This acquisition solves for that, delivering more residential and business customer participation, more grid-connected devices, and new energy flexibility options to utilities and other players across today’s dynamic energy value chain.

SolarEdge Home Battery to Participate Once Again in Great Britain’s National Demand Response Scheme to Support Grid Stability

Retrieved on:

Wednesday, December 13, 2023

Environment, Technology, Utilities, Alternative Energy, Software, Green Technology, Energy, Batteries, Data Management, VPP, SolarEdge, Electricity, Demand Flexibility Service, Virtual power plant, ESO, Behavior, Multimedia, DFS

This enables SolarEdge Home Battery owners to earn financial incentives without having to manually operate their batteries or change their consumption patterns.

Key Points:

This enables SolarEdge Home Battery owners to earn financial incentives without having to manually operate their batteries or change their consumption patterns.
Alfred Karlstetter, General Manager Europe at SolarEdge, comments: “We are happy to enable SolarEdge Home Battery owners in Great Britain the continued benefits in participating in the DFS scheme.
Innovative solar and storage technologies can simplify participation in demand response programs in a way that is seamless, more intuitive and more profitable for system owners.
It’s exciting to see the tangible impact solar and battery storage technologies can have on grid stabilization and how homeowners can be a part of that.”

United States Virtual Power Plant Market Report, 2023 and 2024-2028: Rising In Demand of Renewable Energy and IoT/Cloud Platform

Retrieved on:

Wednesday, December 13, 2023

Biomass, Internet of things, Virtual power plant, ESS, VPP, Investment, House, Wind, Solar energy, Movement, Internet, Growth, Electricity, Renewable energy

DUBLIN, Dec. 13, 2023 /PRNewswire/ -- The "United States Virtual Power Plant Market Competition Forecast & Opportunities, 2028" report has been added to ResearchAndMarkets.com's offering.

Key Points:

DUBLIN, Dec. 13, 2023 /PRNewswire/ -- The "United States Virtual Power Plant Market Competition Forecast & Opportunities, 2028" report has been added to ResearchAndMarkets.com's offering.
The key drivers for the virtual power plant market growth during the projected period are drivers of a virtual power plant in the energy industry, a rise in government initiatives, and investments in energy infrastructure.
A virtual power plant combines many power sources to provide a dependable overall power supply.
Company Profiles: Detailed analysis of the major companies present in the US Virtual Power Plant Market.

ev.energy bolsters leadership team with four strategic appointments

Retrieved on:

Monday, December 11, 2023

LONDON, Dec. 11, 2023 /PRNewswire/ -- ev.energy, the leading electric vehicle (EV) smart charging software platform, has announced four leadership appointments to end the year:

Key Points:

ev.energy also supported 3,300 EV flexibility events to enhance grid stability and utilize cheaper, cleaner energy sources.
A cleantech industry veteran, Tanuj Deora, brings two decades of experience in business development, strategy, and policy to his new role at ev.energy.
Nick Woolley, CEO of ev.energy, comments: "2023 has been a year of growth for ev.energy.
It's a privilege to be growing ev.energy with such talented people: I can't wait to see the impact they deliver in 2024."