VPP

SOLRITE Energy Disrupts the PPA Industry with First-of-Its-Kind Virtual Power Plant Power Purchase Agreement

Retrieved on: 
Thursday, February 8, 2024

SAN MARCOS, Calif., Feb. 08, 2024 (GLOBE NEWSWIRE) -- SOLRITE Energy , a PPA provider with an emphasis on solar plus storage solutions, has partnered with sonnen , a global market leader in smart energy storage and VPP technology, to launch the SOLRITE Virtual Power Plant Power Purchase Agreement (VPA).

Key Points: 
  • SAN MARCOS, Calif., Feb. 08, 2024 (GLOBE NEWSWIRE) -- SOLRITE Energy , a PPA provider with an emphasis on solar plus storage solutions, has partnered with sonnen , a global market leader in smart energy storage and VPP technology, to launch the SOLRITE Virtual Power Plant Power Purchase Agreement (VPA).
  • The SOLRITE VPA represents the industry’s first PPA offering that leverages grid services provided by the sonnenConnect VPP Program.
  • Through this unique VPA, SOLRITE aims to introduce solar + storage to more customer segments, including homeowners who have previously been unable to qualify for financing.
  • ​In markets where grid services and VPP programs are not yet available, SOLRITE will continue to offer competitive PPA financing options for eligible customers.

Swell Energy Inc. Acquires Renu Energy Solutions to Expand Virtual Power Plant Footprint to Key Markets

Retrieved on: 
Wednesday, February 7, 2024

LOS ANGELES and CHARLOTTE, N.C., Feb. 07, 2024 (GLOBE NEWSWIRE) -- Swell Energy Inc. (“Swell”), a leading energy management and grid solutions provider, today announced the acquisition of Renu Energy Solutions (“Renu”), a Carolina-based company that offers customized residential and commercial solar and energy storage solutions.

Key Points: 
  • LOS ANGELES and CHARLOTTE, N.C., Feb. 07, 2024 (GLOBE NEWSWIRE) -- Swell Energy Inc. (“Swell”), a leading energy management and grid solutions provider, today announced the acquisition of Renu Energy Solutions (“Renu”), a Carolina-based company that offers customized residential and commercial solar and energy storage solutions.
  • The combination brings together a complementary set of operational and technological capabilities as well as a bicoastal presence to enable the deployment of Virtual Power Plants (VPPs) in key energy markets.
  • “With rapidly growing energy demand, favorable policies, and high solar potential, the Southeast is quickly becoming one the most attractive markets in the country for solar and energy storage systems,” said Jay Radcliffe, President of Renu.
  • Since 2010, the company has offered residential and commercial energy solutions with an emphasis on high-quality installations and energy monitoring services.

mPrest Selected as DERMS Provider for EDF Renewables

Retrieved on: 
Sunday, February 4, 2024

PETACH TIKVA, Israel, Feb. 4, 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 EDF Renewables Israel Ltd., a subsidiary of EDF Renewables SA, an international energy company which develops, builds, and operates renewable power generation plants, and is a leader in the competitive renewable energy market, as its DERMS platform for the purpose of managing and optimizing its distributed solar and storage assets profits.

Key Points: 
  • PETACH TIKVA, Israel, Feb. 4, 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 EDF Renewables Israel Ltd., a subsidiary of EDF Renewables SA, an international energy company which develops, builds, and operates renewable power generation plants, and is a leader in the competitive renewable energy market, as its DERMS platform for the purpose of managing and optimizing its distributed solar and storage assets profits.
  • EDF Renewables Israel is the leading company in the growing competitive distributed energy market in Israel.
  • To maximize its trading profits between the energy market, distributed generation and storage, and energy sales to customers, EDF Renewables Israel requires a sophisticated Virtual Power Plant (VPP) platform.
  • We are therefore honored to partner with EDF Renewables, in optimizing and managing their distributed flexibility and energy trading profits".

mPrest Selected as DERMS Provider for EDF Renewables

Retrieved on: 
Sunday, February 4, 2024

PETACH TIKVA, Israel, Feb. 5, 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 EDF Renewables Israel Ltd., a subsidiary of EDF Renewables SA, an international energy company which develops, builds, and operates renewable power generation plants, and is a leader in the competitive renewable energy market, as its DERMS platform for the purpose of managing and optimizing its distributed solar and storage assets profits.

Key Points: 
  • PETACH TIKVA, Israel, Feb. 5, 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 EDF Renewables Israel Ltd., a subsidiary of EDF Renewables SA, an international energy company which develops, builds, and operates renewable power generation plants, and is a leader in the competitive renewable energy market, as its DERMS platform for the purpose of managing and optimizing its distributed solar and storage assets profits.
  • EDF Renewables Israel is the leading company in the growing competitive distributed energy market in Israel.
  • To maximize its trading profits between the energy market, distributed generation and storage, and energy sales to customers, EDF Renewables Israel requires a sophisticated Virtual Power Plant (VPP) platform.
  • We are therefore honored to partner with EDF Renewables, in optimizing and managing their distributed flexibility and energy trading profits".

Holaluz delivers on Normalised EBITDA guidance, reaching 3M€ for FY2023

Retrieved on: 
Wednesday, January 31, 2024

Barcelona, January 31, 2024 (GLOBE NEWSWIRE) -- Holaluz-Clidom S.A. (BME:HLZ) delivers on Normalised EBITDA guidance, reaching 3M€ for FY2023

Key Points: 
  • Barcelona, January 31, 2024 (GLOBE NEWSWIRE) -- Holaluz-Clidom S.A. (BME:HLZ) delivers on Normalised EBITDA guidance, reaching 3M€ for FY2023
    Holaluz doubled its solar market share in 2023 to over 3% by the end of December from 1.6% in 2022.
  • Holaluz, an energy transition company aiming to decarbonise the economy, today provided an update on Q4 2023 KPIs as well as a forecast on normalised EBITDA for the financial year 2023.
  • The company expects to meet the low range ( 3-5 million euros) of normalised EBITDA forecasts for the 2023 financial year according to the business plan published on 31 October, reaching 3M€.
  • Furthermore, in December 2023, Holaluz obtained ISO 14000 certification for its environmental management system (EMS), which reiterates its environmental commitment.

EnergyHub Helps Ontario’s IESO Build Canada’s Largest Residential Virtual Power Plant in Just Six Months

Retrieved on: 
Thursday, February 1, 2024

EnergyHub, a leading grid-edge flexibility provider, in partnership with Ontario’s Independent Electricity System Operator (IESO), has enrolled more than 100,000 homes in the Save on Energy Peak Perks™ program in just six months to create the largest residential virtual power plant (VPP) in Canada.

Key Points: 
  • EnergyHub, a leading grid-edge flexibility provider, in partnership with Ontario’s Independent Electricity System Operator (IESO), has enrolled more than 100,000 homes in the Save on Energy Peak Perks™ program in just six months to create the largest residential virtual power plant (VPP) in Canada.
  • It’s the fastest growing flexibility program in EnergyHub’s decade-plus working with over 60 utility clients on Bring Your Own Thermostat™ programs.
  • By 2030, VPPs could reduce peak demand in the United States by 60 gigawatts (GW) and could grow to more than 200 GW by 2050.
  • In addition, VPPs could help reduce annual power sector expenditures by $35 billion in 2030.

Veterinary Practice Partners Enters into Partnership with Dr. Michelle Rudd of Annapolis Cat Hospital and Bay Ridge Animal Hospital, Expanding the Pathway to Ownership for Female and Associate DVMs

Retrieved on: 
Tuesday, January 30, 2024

Veterinary Practice Partners (VPP), the veterinary community revolutionizing vet practice ownership and support, is proud to announce its partnership with Dr. Michelle Rudd, who is transitioning from associate veterinarian and Medical Director at the Annapolis Cat Hospital and Bay Ridge Animal Hospital to equity partner.

Key Points: 
  • Veterinary Practice Partners (VPP), the veterinary community revolutionizing vet practice ownership and support, is proud to announce its partnership with Dr. Michelle Rudd, who is transitioning from associate veterinarian and Medical Director at the Annapolis Cat Hospital and Bay Ridge Animal Hospital to equity partner.
  • Located in Annapolis, Maryland, the Annapolis Cat Hospital and Bay Ridge Animal Hospital originally partnered with VPP in 2017.
  • The hospitals are full-service, state-of-the-art veterinary practices, providing wellness care, diagnostics, dentistry, surgery, an in-house pharmacy, and more.
  • “VPP’s differentiated approach to partnership allows veterinarians like me to have a vested interest in the two practices,” said Dr. Rudd.

Haven Energy Raises $7M Series A Funding Round

Retrieved on: 
Tuesday, January 30, 2024

Haven Energy , a climate tech company that is accelerating the adoption of home battery systems, today announced a total of $7 million in Series A funding.

Key Points: 
  • Haven Energy , a climate tech company that is accelerating the adoption of home battery systems, today announced a total of $7 million in Series A funding.
  • Haven Energy has experienced rapid growth in its first year of operation by streamlining the entire process of getting a home battery, from installation to ongoing energy management.
  • Haven Energy is co-founded by a team of Casper and Uber executives, including Vinnie Campo, Jeff Chapin, and Philip Krim.
  • Haven Energy recently launched a virtual power plant (VPP), available to all California homeowners who have energy storage.

Nuvve Celebrates 500th Electric School Bus EVSE Deployed in the K-12 Business Channel

Retrieved on: 
Wednesday, January 31, 2024

SAN DIEGO, Jan. 31, 2024 /PRNewswire/ -- Nuvve Holding Corp. (Nasdaq: NVVE), a global technology leader accelerating the electrification of transportation through its proprietary vehicle-to-grid (V2G) platform, celebrated the 500th electric school bus EVSE to be deployed which will be managed through its proprietary GIVe™ bidirectional, smart-charging software platform.

Key Points: 
  • This new order from Orange Unified School District in Orange, California is for thirteen Nuvve Level 2 "PowerPort" chargers and three 60kW chargers.
  • This follows the district's 2021 purchase of fifteen Nuvve Level 2 PowerPort chargers which it currently uses for its fleet of 15 electric school buses purchased over 2021 and 2022 from Blue Bird Corporation (Nasdaq: BLBD), the leader in electric and low-emission school buses.
  • Two additional buses are on order and the district plans to continue expanding their ESB fleet in the future.
  • "Many Nuvve customers continue building their electric bus fleets after their first purchase and Orange Unified is no different," said Nuvve co-founder and CEO Gregory Poilasne.

Activu & enxchange Collaborate to Exhibit a Next-Gen Energy Ecosystem at Distributech 2024 in Orlando, Florida

Retrieved on: 
Tuesday, January 30, 2024

ROCKAWAY, N.J., Jan. 30, 2024 /PRNewswire-PRWeb/ -- Activu and enxchange together announce their collaboration at the Distributech 2024 Expo, which will combine multiple technologies and vendors into a Next-Gen Energy Ecosystem experience. Joining Activu and enxchange in the showcase will be Planar, Winsted, Q-SYS, and AMD – all contributing to deliver a world-class demonstration environment.

Key Points: 
  • ROCKAWAY, N.J., Jan. 30, 2024 /PRNewswire-PRWeb/ -- Activu and enxchange together announce their collaboration at the Distributech 2024 Expo, which will combine multiple technologies and vendors into a Next-Gen Energy Ecosystem experience.
  • Joining Activu and enxchange in the showcase will be Planar, Winsted, Q-SYS, and AMD – all contributing to deliver a world-class demonstration environment.
  • In addition to Distributech, the Next-Gen Energy Ecosystem from Activu and enx will exhibit at the NRECA Tech Advantage Expo, the following week in San Antonio, Texas.
  • The Next-Gen Energy Ecosystem from Activu and enxchange will exhibit, with refreshments, in booth #1425 at the Distributech International Expo in Orlando, Florida, from February 27-29, and at NRECA Tech Advantage Expo booth #1729 in San Antonio, Texas, from March 4-6, 2024.