AutoGrid has raised US$83.5 million in funding to scale up its virtual power plant (VPP) platform for distributed energy resources (DER) and Leap has raised US$33.5 million to scale and develop its DER software solution.
US residential solar company Sunnova and distributed energy resource (DER) controls platform provider AutoGrid will aggregate home battery energy storage systems to provide demand response for California energy supplier Clean Power Alliance (CPA).
Recognising the importance of energy storage for decarbonising and securing Australia’s energy system in the coming years, the Australian Energy Market Commission (AEMC) has published two new sets of market rules.
Stem Inc said that its portfolio of aggregated battery energy storage systems was called into action to help balance electricity networks across four different states and provinces in the US and Canada during heat waves in June.
To reduce strain on the grid as renewable power and demand both grow, two New York utility companies have awarded contracts for flexible demand management to commercial and industrial (C&I) energy management specialist CPower.
Uplight, a US energy software company that helps electric utilities reduce their baseload energy use by monitoring and adapting how their networks operate based on consumer behaviour, has reached a valuation of US$1.5 billion following investment from groups including Schneider Electric.
North Carolina Eastern Municipal Power Agency (NCEMPA) has issued a Request for Proposals (RFP) for battery storage to manage its electricity costs, with 15-year contracts on the table for the delivery and operation of a turnkey energy storage system.