Abundance Energy signs virtual power plant partnership with sonnen and Energywell

Type: Partnership · Technology: Storage, Solar, Other · Country: United States · Capacity: 60 MWh · Announced: 2025-05-07

Abundance Energy will enroll customers in a Texas-wide virtual power plant using sonnenConnect home batteries (financed via SOLRITE) managed and market-optimized by Energywell's Proton platform to dispatch ~60 MWh initially across ERCOT.

Counterparties

• Solrite Energy (Financer)
• sonnen GmbH (Supplier)
• Abundance Energy (Offtaker)
• Energywell (funds managed by Oaktree Capital Management, L.P. and Hartree Partners L.P.) (Partner)

Source article

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