VPP

Voltus to Host Future of Energy Series with NERC and Former FERC Chairman Speakers

Retrieved on: 
Wednesday, March 27, 2024

This summit will focus on the state of the electric grid and innovative energy solutions to achieve a more affordable, resilient, and decarbonized energy future.

Key Points: 
  • This summit will focus on the state of the electric grid and innovative energy solutions to achieve a more affordable, resilient, and decarbonized energy future.
  • Sessions include:
    Phil Deutch, the Founder & CEO at NGP Energy Technology Partners, will deliver the keynote speech, looking at top energy transition trends that are impacting commercial, industrial, and DER owner and operator energy users.
  • “We are thrilled to be hosting our third Future of Energy Series event.
  • “In a rapidly evolving energy landscape with changing regulations, it has never been more important that organizations understand how to secure a clean, cost-effective, and reliable energy future.

VPP Celebrates Milestone for Innovative Partnership Model, as 100th Associate Veterinarian Becomes Co-Owner

Retrieved on: 
Tuesday, April 9, 2024

Veterinary Practice Partners (VPP) , the veterinary community revolutionizing vet practice ownership and support, is proud to announce that its 100th associate veterinarian has made the transition to clinic co-owner.

Key Points: 
  • Veterinary Practice Partners (VPP) , the veterinary community revolutionizing vet practice ownership and support, is proud to announce that its 100th associate veterinarian has made the transition to clinic co-owner.
  • This major milestone underscores VPP’s enduring commitment to reshaping the veterinary industry by empowering doctors to take control of their own destiny through its innovative partnership model.
  • Since its inception in 2011, VPP has been at the forefront of redefining veterinary practice ownership by offering veterinarians a future that enables them to truly own their success.
  • VPP’s model is predicated on providing associates with opportunities to secure equity and achieve participatory ownership.

Sunnova Grows its Virtual Power Plant Network to Support the Grid and Compensate Customers

Retrieved on: 
Wednesday, April 3, 2024

Sunnova Energy International Inc. (“Sunnova”) (NYSE: NOVA), an industry-leading adaptive energy services company, announced continued investments and expansion to its virtual power plant (VPP) network, providing increased reliability, reduced emissions, and lower costs.

Key Points: 
  • Sunnova Energy International Inc. (“Sunnova”) (NYSE: NOVA), an industry-leading adaptive energy services company, announced continued investments and expansion to its virtual power plant (VPP) network, providing increased reliability, reduced emissions, and lower costs.
  • The clean power produced by Sunnova’s rooftop solar and battery storage customers helps offset the need for utilities to use heavily polluting traditional power plants during peak demand periods.
  • In return for their demand battery response and contribution, customers are compensated for the power supplied by their batteries in most programs.
  • By voluntarily participating in the program through the Sunnova Flex Power Program, Sunnova customers play an active role in bolstering the grid and supporting a reliable power supply for Puerto Ricans.

Black & Veatch Distributed Infrastructure Business Awarded Highest OSHA Star Recognition

Retrieved on: 
Thursday, March 28, 2024

The U.S. Department of Labor’s Occupational Safety and Health Administration (OSHA) has awarded Black & Veatch, a global leader in critical infrastructure solutions, with its Voluntary Protection Program (VPP) star status for exemplary worksite safety achievement.

Key Points: 
  • The U.S. Department of Labor’s Occupational Safety and Health Administration (OSHA) has awarded Black & Veatch, a global leader in critical infrastructure solutions, with its Voluntary Protection Program (VPP) star status for exemplary worksite safety achievement.
  • The VPP Star is OSHA's highest level of recognition of companies that have employed effective safety and health management systems and kept injury and illness rates below the Bureau of Labor Statistics' industry averages.
  • The OSHA award recognizes health and safety achievements of Black & Veatch’s telecommunications mobile workforce in New York and New Jersey.
  • “Black & Veatch is the first company in their industry to achieve VPP Star.

Leap Unveils New Platform Capabilities to Scale Virtual Power Plants

Retrieved on: 
Thursday, March 21, 2024

Leap , the leading virtual power plant (VPP) platform, announced today the launch of new product functionalities to unlock additional value for distributed energy resource (DER) technology companies and crucial flexible support for the electric grid.

Key Points: 
  • Leap , the leading virtual power plant (VPP) platform, announced today the launch of new product functionalities to unlock additional value for distributed energy resource (DER) technology companies and crucial flexible support for the electric grid.
  • Leap’s latest product release includes advanced features to simplify customer enrollment and further automate VPP operations for its 80+ technology partners.
  • As part of the updates, Leap has expanded its API suite to include new automation capabilities for integrating DERs and reengaging customers during the authorization process.
  • Automation is key to VPP customer growth: Leap’s API-integrated partners grow their VPP portfolios and revenue three times faster than non-integrated peers.

Wallbox and Bidirectional Energy Awarded Funding from the California Energy Commission

Retrieved on: 
Thursday, March 21, 2024

Wallbox (NYSE:WBX), a global leader in electric vehicle (EV) charging and energy management solutions, and Bidirectional Energy , a bidirectional EV energy management startup, today announced Phase 1 of their Bidirectional Residential V2X Demonstration Project had been awarded $2.2M in funding from the California Energy Commission ( CEC) REDWDS grant .

Key Points: 
  • Wallbox (NYSE:WBX), a global leader in electric vehicle (EV) charging and energy management solutions, and Bidirectional Energy , a bidirectional EV energy management startup, today announced Phase 1 of their Bidirectional Residential V2X Demonstration Project had been awarded $2.2M in funding from the California Energy Commission ( CEC) REDWDS grant .
  • The project will install and operate Wallbox’s bidirectional charger, Quasar 2, in 120 residential locations across California.
  • The bidirectional chargers will be managed by Bidirectional Energy’s virtual power plant (VPP) platform to provide home energy backup, utility bill reduction, and additional financial rewards.
  • Bidirectional Energy and Wallbox estimate that Quasar 2 together with the Bidirectional Energy VPP platform can potentially earn users over $1,000* every year when combined with utility Demand Response programs and time-of-use utility rates.

Thingspire Achieves B Corp Certification, Reinforcing its Impact-driven Business Practices

Retrieved on: 
Tuesday, March 12, 2024

Thingspire , a Korean pioneering startup in climate-tech, today announced that it has acquired the B Corp™ Certification.

Key Points: 
  • Thingspire , a Korean pioneering startup in climate-tech, today announced that it has acquired the B Corp™ Certification.
  • This demonstrates that the company adheres to the highest levels of social, environmental and governance best practices as well as community-oriented impact business.
  • "Since launching our decarbonization services, we strived to achieve B Corp status since adherence to the strictest sustainability best practices is critical to the nature of our services," said Kwangjae Cho, Founder and CEO of Thingspire.
  • “Thingspire seeks to apply a comprehensive, three-dimensional approach to sustainable practices by measuring, monitoring and reducing, and offsetting," said Sungjin Choi, Vice President of Thingspire.

Connecticut Green Bank Recognizes CPower as Energy Storage Solutions Top Performer for Second Year in a Row

Retrieved on: 
Thursday, March 21, 2024

BALTIMORE, March 21, 2024 /PRNewswire/ -- CPower Energy ("CPower"), the leading, national Distributed Energy Resource (DER) monetization and Virtual Power Plant (VPP) provider, today announced that it has been awarded a 2023 Green Bank Award as a Top Performing Commercial Contractor in Connecticut's Energy Storage Solutions. This is the second year in a row that CPower has been recognized for its efforts to advance energy storage deployment under the program. The Connecticut Green Bank established the Green Bank Awards to recognize companies advancing the green energy movement and helping bring resilience, health, and equity to Connecticut.

Key Points: 
  • This is the second year in a row that CPower has been recognized for its efforts to advance energy storage deployment under the program.
  • The Connecticut Green Bank established the Green Bank Awards to recognize companies advancing the green energy movement and helping bring resilience, health, and equity to Connecticut.
  • "We're grateful to be recognized by the Connecticut Green Bank for the second year in a row for supporting our customers in adopting energy storage solutions," said Keith Black, Regional Vice President – Northeast, CPower.
  • "I'm pleased to present CPower with an Energy Storage Solutions Top Contractor award for the second year in a row.

Nokia adds Virtual Power Plant to its leading energy efficiency solution portfolio #MWC24

Retrieved on: 
Thursday, February 22, 2024

Nokia has successfully completed several trials and aims to make the solution available later this year.

Key Points: 
  • Nokia has successfully completed several trials and aims to make the solution available later this year.
  • Most countries have a transmission system operator that manages the electricity grid and oversees the power reserve markets.
  • Power reserve markets operate an auction system that enables third parties to bid to provide power.
  • We are committed to continuously maximizing the energy efficiency of our technology portfolio.

NRG Energy, Inc. Reports Full Year 2023 Financial Results

Retrieved on: 
Wednesday, February 28, 2024

In 2023, the Company returned approximately $1.5 billion to shareholders and paid down debt by $1.52 billion.

Key Points: 
  • In 2023, the Company returned approximately $1.5 billion to shareholders and paid down debt by $1.52 billion.
  • NRG exceeded its original share repurchase target by $150 million and debt reduction target by $120 million.
  • NRG will only repurchase shares when management believes it would not jeopardize the Company’s ability to maintain satisfactory credit ratings.
  • NRG is uniquely positioned to leverage its customer portfolio, product ecosystem, and market expertise in expanding access to Virtual Power Plant (VPP) opportunities.