Virtual power plant

Ampace will showcase new energy storage products at North America's premier solar power exhibition RE+, ushering in a new era of global energy storage batteries with "long-cycle" capabilities

Retrieved on: 
Monday, September 4, 2023
VPP, Virtual power plant, Exhibition, Power supply unit (computer), Multimedia, Post-sale restraint, Ampacity, PV, European, UPS, Uninterruptible power supply, Renewable energy, Electric battery, Kunlun Mountains

This endeavor aligns seamlessly with the global trend towards zero-carbon targets and the advancements in Virtual Power Plants (VPPs).

Key Points: 
  • This endeavor aligns seamlessly with the global trend towards zero-carbon targets and the advancements in Virtual Power Plants (VPPs).
  • Ultimately, this event will mark the dawn of a new era for worldwide energy storage systems, underscoring the significance of "long-cycle".
  • This achievement marks a pioneering advancement in battery lifespan, surpassing the 20-year mark for commercial & industrial energy storage applications, as well as residential energy storage batteries.
  • Within the North American realm, Ampace has forged an extensive array of application scenarios, spanning from commercial & industrial energy storage to residential energy storage, UPS, and telecom energy storage system solutions.

Ampace will showcase new energy storage products at North America's premier solar power exhibition RE+, ushering in a new era of global energy storage batteries with "long-cycle" capabilities

Retrieved on: 
Monday, September 4, 2023
VPP, Virtual power plant, Exhibition, Power supply unit (computer), Post-sale restraint, Ampacity, PV, European, UPS, Uninterruptible power supply, Renewable energy, Electric battery, Kunlun Mountains

This endeavor aligns seamlessly with the global trend towards zero-carbon targets and the advancements in Virtual Power Plants (VPPs).

Key Points: 
  • This endeavor aligns seamlessly with the global trend towards zero-carbon targets and the advancements in Virtual Power Plants (VPPs).
  • Ultimately, this event will mark the dawn of a new era for worldwide energy storage systems, underscoring the significance of "long-cycle".
  • This achievement marks a pioneering advancement in battery lifespan, surpassing the 20-year mark for commercial & industrial energy storage applications, as well as residential energy storage batteries.
  • Within the North American realm, Ampace has forged an extensive array of application scenarios, spanning from commercial & industrial energy storage to residential energy storage, UPS, and telecom energy storage system solutions.

KX PARTNERS WITH EIPGRID TO DELIVER ENHANCED RESOURCE MANAGEMENT AND GREATER PROFITABILITY FOR ENERGY PROVIDERS

Retrieved on: 
Tuesday, August 22, 2023
Database, Maintenance, Partnership, Generator, Electricity, EVS, KX, Virtual power plant, Ecosystem, Der, Cryptocurrency, Renewable energy, Online shopping

Additionally, surging demand for electric vehicles and the rise of community-based energy groups are requiring a re-think on how electricity is delivered to the market.

Key Points: 
  • Additionally, surging demand for electric vehicles and the rise of community-based energy groups are requiring a re-think on how electricity is delivered to the market.
  • Ultimately the partnership significantly enhances the ability to manage energy provision, reducing costs while providing additional revenue streams.
  • This complexity, coupled with uncertain energy demands and consumption patterns, poses challenges in managing and optimizing energy generation, distribution, and grid stability.
  • We're excited to be partnering with EIPGRID on optimizing energy management, improving profitability, and addressing the challenges faced by market participants."

SolarEdge to Power Xcel Energy’s New ‘Renewable Battery Connect’ Virtual Power Plant Incentive Program in Colorado

Retrieved on: 
Tuesday, August 22, 2023
Data Management, Utilities, Technology, Batteries, Alternative Energy, Energy, Software, VPP, Xcel Energy, Ancillary services (electric power), SolarEdge, Multimedia, AC, Virtual power plant, Growth, Video game, Renewable energy

SolarEdge Technologies , Inc. (“SolarEdge”) (NASDAQ: SEDG) today announced the inclusion of the SolarEdge Home Battery in Xcel Energy’s new ‘ Renewable Battery Connect ’ Virtual Power Plant (VPP) incentive program.

Key Points: 
  • SolarEdge Technologies , Inc. (“SolarEdge”) (NASDAQ: SEDG) today announced the inclusion of the SolarEdge Home Battery in Xcel Energy’s new ‘ Renewable Battery Connect ’ Virtual Power Plant (VPP) incentive program.
  • View the full release here: https://www.businesswire.com/news/home/20230822597157/en/
    SolarEdge to Power Xcel Energy’s New ‘Renewable Battery Connect’ Virtual Power Plant Incentive Program in Colorado (Photo: Business Wire)
    Eligible SolarEdge Home Battery owners in Colorado can now sign up for the Renewable Battery Connect program and earn meaningful financial incentives in return for discharging their stored solar battery energy during times of peak demand, helping to stabilize the grid.
  • SolarEdge’s innovative software is designed to automatically manage the battery charge and discharge during scheduled grid control events, simplifying the process for both the utility and program participants.
  • In the U.S. 16% of the Company’s battery installations are now enrolled in grid services programs.

mPrest selected as DERMS Provider for Endeavour Energy

Retrieved on: 
Sunday, August 6, 2023
Bawley Point, VPP, DER, Virtual power plant, Face, Chief commercial officer, Electricity, Distributed generation, Does, MPrest Systems, TEL, Endeavour Energy, Weather, Bundesverband der Energie- und Wasserwirtschaft, Government of New South Wales, Renewable energy, NSW

SYDNEY, NSW, Australia, and TEL AVIV, Israel, Aug. 6, 2023 /PRNewswire/ -- mPrest, a leading developer and provider of dynamic grid aware Distributed Energy Resource Management Systems (DERMS) has been chosen by Endeavour Energy to provide an energy software solution for the Bawley Point and Kioloa community microgrid, the first of its kind in NSW.

Key Points: 
  • mPrest teams up with Endeavour Energy of NSW, Australia, to offer a dynamic grid topology aware DERMS, for the management of the first community microgrid of its kind in NSW.
  • SYDNEY, NSW, Australia, and TEL AVIV, Israel, Aug. 6, 2023 /PRNewswire/ -- mPrest, a leading developer and provider of dynamic grid aware Distributed Energy Resource Management Systems (DERMS) has been chosen by Endeavour Energy to provide an energy software solution for the Bawley Point and Kioloa community microgrid, the first of its kind in NSW.
  • The $8 million community microgrid includes contributions from the Australian and NSW Government's Bushfire Local Economic Recovery Fund, Endeavour Energy along with local residents.
  • We are pleased to partner our DERMS technology with Endeavour Energy on this project" he said.

mPrest selected as DERMS Provider for Endeavour Energy

Retrieved on: 
Sunday, August 6, 2023
Bawley Point, VPP, DER, Virtual power plant, Face, Chief commercial officer, Electricity, Distributed generation, Does, MPrest Systems, TEL, Endeavour Energy, Weather, Bundesverband der Energie- und Wasserwirtschaft, Government of New South Wales, Renewable energy, NSW

SYDNEY, NSW, Australia, and TEL AVIV, Israel, Aug. 6, 2023 /PRNewswire/ -- mPrest, a leading developer and provider of dynamic grid aware Distributed Energy Resource Management Systems (DERMS) has been chosen by Endeavour Energy to provide an energy software solution for the Bawley Point and Kioloa community microgrid, the first of its kind in NSW.

Key Points: 
  • mPrest teams up with Endeavour Energy of NSW, Australia, to offer a dynamic grid topology aware DERMS, for the management of the first community microgrid of its kind in NSW.
  • SYDNEY, NSW, Australia, and TEL AVIV, Israel, Aug. 6, 2023 /PRNewswire/ -- mPrest, a leading developer and provider of dynamic grid aware Distributed Energy Resource Management Systems (DERMS) has been chosen by Endeavour Energy to provide an energy software solution for the Bawley Point and Kioloa community microgrid, the first of its kind in NSW.
  • The $8 million community microgrid includes contributions from the Australian and NSW Government's Bushfire Local Economic Recovery Fund, Endeavour Energy along with local residents.
  • We are pleased to partner our DERMS technology with Endeavour Energy on this project" he said.

ev.energy secures $33M Series B funding to drive electric vehicle-grid integration in North America and Europe

Retrieved on: 
Thursday, July 27, 2023
Insurance, Kandasamy, VPP, Maintenance, EV, EIP, NGP, Investment, PALO, Original equipment manufacturer, Volkswagen Group China, Carbon, Volkswagen, National Grid, Pando, Virtual power plant, Capital, FEV, Growth, Volkswagen Group, Development, Jaguar Land Rover, B Corporation (certification), JLR, Automotive industry, Renewable energy

The round also saw continued support from existing investors Energy Impact Partners (EIP), Future Energy Ventures (FEV) and ArcTern Ventures .

Key Points: 
  • The round also saw continued support from existing investors Energy Impact Partners (EIP), Future Energy Ventures (FEV) and ArcTern Ventures .
  • ev.energy seamlessly connects electric vehicles to grid networks to make charging simpler, greener and cheaper for drivers.
  • Today, more than 120,000 EV drivers across North America and the UK are part of ev.energy's Virtual Power Plant (VPP).
  • This funding round will enable ev.energy to expand its global operations while building on its rapid and sustained growth across North America and the UK.

Industry Leaders CPower and Foreman Unveil Groundbreaking Partnership to Maximize Mining Operations and Boost Demand Response Revenue

Retrieved on: 
Tuesday, July 25, 2023
VPP, DER, Edison Awards, Partnership, Senior, OBM, Marketing, Foreman, Mining, Virtual power plant, Distributed generation, Growth, Conference, Bundesverband der Energie- und Wasserwirtschaft, Automation, Cryptocurrency, Electric power

MIAMI , July 25, 2023 /PRNewswire/ -- Today at the Mining Disrupt Conference, CPower Energy ("CPower"), and OBM ("Foreman") announced that they have partnered to integrate CPower's EnerWise® Site Optimization technology ("EnerWise") into Foreman's mining management platform. CPower is the leading, national Distributed Energy Resource (DER) monetization and Virtual Power Plant (VPP) provider. Foreman is the industry's leading miner management and curtailment software. The partnership improves the demand response functionality of Foreman's software, allowing Foreman customers to optimize participation in demand response programs to generate maximum revenue while contributing to grid reliability.

Key Points: 
  • The partnership improves the demand response functionality of Foreman's software, allowing Foreman customers to optimize participation in demand response programs to generate maximum revenue while contributing to grid reliability.
  • The CPower and Foreman integration allows Foreman's platform to optimize demand response enrollment and participation across numerous grid services programs.
  • By integrating via CPower Connect , the partnership enables Foreman customers to automatically curtail their energy consumption during periods of peak grid demand.
  • At present, CPower is the leading demand response provider enabling fast-acting programs with strike price automation capability.

CPower Applauds DTE Energy for Including Innovative Demand Response Procurement Mechanisms in Integrated Resource Plan

Retrieved on: 
Monday, July 24, 2023
VPP, Michigan Public Service Commission, DER, Virtual power plant, Senior, DTE, Electricity, DTE Energy, IRP, Retirement, Distributed generation, Environment, Renewable energy

BALTIMORE, July 24, 2023 /PRNewswire/ -- CPower Energy ("CPower"), the leading, national Distributed Energy Resource (DER) Monetization and Virtual Power Plant (VPP) provider, today announced its support of the settlement agreement in DTE Energy's proposed CleanVision Integrated Resource Plan (IRP), which for the first time will allow the Michigan utility to procure demand response (DR) resources aggregated by third parties to meet energy capacity requirements and decarbonization goals. By leveraging customer load flexibility, DTE will meet growing energy needs at a lower cost while also rewarding Michigan energy users for providing services to the grid. Such innovative procurement mechanisms are in line with those included in CPower's demand response framework for midwestern energy stakeholders released last year.

Key Points: 
  • By leveraging customer load flexibility, DTE will meet growing energy needs at a lower cost while also rewarding Michigan energy users for providing services to the grid.
  • Such innovative procurement mechanisms are in line with those included in CPower's demand response framework for midwestern energy stakeholders released last year.
  • "We applaud DTE's leadership in including third-party aggregated demand response in capacity procurement," said Peter Dotson-Westphalen, Senior Director – Regulatory & Government Affairs, CPower.
  • The carefully crafted demand response procurement and incentive framework included in the CleanVision Integrated Resource Plan settlement agreement is a win for Michigan's grid, energy users and environment."

CPower Wins Environment + Energy Leader 2023 Product of the Year Award for EnerWise® Site Optimization

Retrieved on: 
Wednesday, July 19, 2023
VPP, DER, Edison Awards, Mathematical optimization, Ernst & Young Entrepreneur of the Year Award, Senior, Generator, PJM, ISO-NE, Virtual power plant, Growth, Environment, Bundesverband der Energie- und Wasserwirtschaft, Renewable energy

BALTIMORE, July 19, 2023 /PRNewswire/ -- CPower Energy ("CPower"), the leading, national Distributed Energy Resources (DER) monetization and Virtual Power Plant (VPP) provider, today announced that it has won Environment + Energy (E+E) Leader's 2023 Product of the Year Award for its EnerWise® Site Optimization technology ("EnerWise"). The award program's expert judges consider CPower's innovation as a stand-out example amongst industry-wide efforts to strengthen the power grid, improve energy management and increase customers' bottom lines. This is the fourth year in a row that CPower has been recognized by E+E Leader.

Key Points: 
  • BALTIMORE, July 19, 2023 /PRNewswire/ -- CPower Energy (" CPower "), the leading, national Distributed Energy Resources (DER) monetization and Virtual Power Plant (VPP) provider, today announced that it has won Environment + Energy (E+E) Leader's 2023 Product of the Year Award for its EnerWise® Site Optimization technology (" EnerWise ").
  • The award program's expert judges consider CPower's innovation as a stand-out example amongst industry-wide efforts to strengthen the power grid, improve energy management and increase customers' bottom lines.
  • This is the fourth year in a row that CPower has been recognized by E+E Leader.
  • "We are honored to be recognized by E+E Leader yet again for our EnerWise technology," said Mathew Sachs, Senior Vice President – Strategy, CPower.