A residential virtual power plant (VPP) pilot programme in Maryland will bid to participate in ancillary services in the PJM Interconnection wholesale market. 

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 backup power solutions specialist Generac has embedded ‘Smart Grid Ready’ functionality into some of its products, leveraging its acquisition of distributed energy platform tech company Enbala.

Barriers to financing for energy storage could hold back the growth of solar in the US, while an Investment Tax Credit (ITC) for standalone energy storage should be introduced, the audience heard as our publisher Solar Media hosted the Solar and Storage Finance USA event last week.