Itochu, a major Japanese corporation which has sold over 330MWh of residential battery storage systems in its home market, has invested ¥1 billion (US$9.35 million) in TRENDE, a renewable energy retailer which counts utility company Tokyo Electric Power among its major shareholders, with a view to launching a range of renewable energy and storage-enabled services.
Sunverge CEO Martin Milani talks about the system architectures and technologies that can make residential storage virtual power plants economically viable and useful to the local electricity network. As told to Andy Colthorpe.
Sunverge has been active in the market since 2011 and Martin Milani became chief executive officer (CEO) in late 2017, taking over from company founder Ken Munson. One of the pioneers of using aggregated residential energy storage systems to create virtual power plants (VPPs), here’s some of the backstory and where the company is going these days, as told to Andy Colthorpe.
Residential energy storage provider Sunverge has won out in a competitive bidding process to provide systems and software for a proposed virtual power plant (VPP) project in Maryland in the US.
Two commercial battery energy storage systems owned by a family-owned wholesale food business in the UK have been used by aggregator Flexitricity to trade in the Balancing Mechanism (BM)
An electric vehicle-to-grid (V2G) charging system, which allows for bi-directional flows of power from US maker Fermata Energy has become the first to receive certification under a new standard introduced by UL.
With the complete shift to renewable energy on the grid as the intended outcome, NEXTracker’s CTO Alex Au sat down in conversation with Sunrun’s VP of energy services Audrey Lee about the best ways to do that. Part of Energy-Storage.news’ #SmartSolarStorage2020 series.
With Japanese companies keen to learn from their counterparts in deregulated energy markets such as the UK, the Japan Energy Challenge provided the ideal forum for exchanging ideas. Andy Colthorpe reports.
