Sunnova, Puerto Rico’s largest residential solar and battery storage services company, is expanding its Sunnova Sentient Virtual Power Plant (VPP) platform through the Sunnova Power Flex Program.
In partnership with LUMA’s Customer Battery Energy Sharing (CBES) program in Puerto Rico, this effort aims to enhance grid stability during peak demand periods while offering customers financial incentives for their voluntary participation.
“As we continue to spearhead the transition towards a cleaner and more robust future, extending our VPP platform will not only help reshape the energy landscape in Puerto Rico but also empower our valued customers to play an integral role in bolstering grid stability,” says Sunova CEO William J. Berger. “We eagerly anticipate the transformative impact this program will have on our customers and the Puerto Rican community at large.”
During periods of grid instability, typically when existing power plants are struggling to meet high demand, Sunnova’s VPP operations team will respond to dispatch signals, dispatch enrolled customers’ batteries using Sunnova’s VPP platform, and deliver energy and resiliency to the grid. LUMA’s CBES initiative makes this possible by sending the correct price signal to Sunnova customers to participate and by also sending the correct dispatch signal to Sunnova to operate its VPP platform.
In return for battery response and contribution, customers will be compensated for the power supplied by their batteries. This approach not only incentivizes customers to embrace renewable energy solutions but also creates a mutually beneficial situation whereby the grid is strengthened, and participating customers receive an additional financial benefit from their systems. A single battery may be able to earn up to $1,000 for this first pilot year depending on how many times a battery is dispatched.
The post Sunova Partners With LUMA to Enhance Island Grid Stability appeared first on Solar Industry.
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ACORE Celebrates its 25th Anniversary by Ringing The Opening Bell at the NYSE
New York, NY – Today, ACORE celebrated 25 years by ringing The Opening Bell at the New York Stock Exchange (NYSE), marking an important milestone and sending a clear message that clean energy is a foundational economic engine of the 21st century.
“When ACORE was founded 25 years ago, our goal was to prove the economic case for clean power. Today, as we ring the bell at the New York Stock Exchange, we are celebrating the reality that clean energy is now the cheapest, most reliable, and most scalable source of power available,” said ACORE President and CEO Ray Long. “Our focus remains on the future. We are facing unprecedented electricity demand growth, and we need to deploy capital faster than ever before to build the grid of tomorrow. The financial momentum is here, and the clean energy economy is ready to deliver the abundant, low-cost power our nation demands.”
Founded in 2001, ACORE was the first organization dedicated to expanding the pan-renewable economy in the United States. For 25 years, ACORE has worked toward its vision of an electrified economy powered by clean energy that supports an improved quality of life for all. Today, ACORE members are the investment engine behind the massive clean energy deployment that is helping ensure that Americans’ energy needs are met.
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About ACORE:
ACORE is a nonpartisan nonprofit organization that operates at the intersection of affordability, reliability, and clean energy deployment. Our work is focused on stabilizing energy prices, strengthening the electric grid, and driving investment in cost-effective technologies to ensure that clean energy delivers for people, businesses, and the U.S. economy.
ACORE’s membership includes clean energy investors, developers, energy buyers, power generators, manufacturers, and energy providers. In 2024, nearly 80% of the booming utility-scale domestic clean energy growth was financed, developed, owned, equipped, or contracted by ACORE members. For more information, visit www.acore.org.
Media Contacts:
Chris Higginbotham
higginbotham@acore.org
The post ACORE Celebrates its 25th Anniversary by Ringing The Opening Bell at the NYSE appeared first on ACORE.
https://acore.org/news/acore-celebrates-its-25th-anniversary-by-ringing-the-opening-bell-at-the-nyse/
Can’t swear that this is true but hoping so.
We must never forget.
The more visibility and the more frequent reminders we can get on this catastrophe in U.S. history the better.
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