Deals Counterparts

LevelTen Energy and Emsys VPP Partner to Expand Access to Virtual Power Plant Technology

Partnership Renewable Energy announced United States May 8, 2025
10 MW
Capacity

LevelTen Energy and Emsys VPP announced a partnership to integrate Emsys VPP's virtual power plant technology into LevelTen's Energy Marketplace, expanding access to distributed energy resource management for businesses.

Source Intelligence

KEY DETAILS

Sunrun reported a revenue of US$724.6 million for the third quarter of this year, as the company pursued its “storage-first strategy”. Sunrun has achieved its third consecutive quarter of revenue growth. The company’s revenue rose from US$569 million in the previous quarter, and the Q3 figure reflects a 35% year-over-year increase compared to US$537.2 million in Q3 2024.

Capacity
Haven also claims it has installed over 10MW of distributed capacity with more than 50MW in development for 2026, with over US$75 million worth of projects in its pipeline.
Location
Texas residents will have access to a home energy solution that combines Sunrun’s solar-plus-storage systems with “optimised rate plans and smart battery programming,” provided by NRG Energy’s retail electricity provider, Reliant. 
Financials
Haven Energy, a home battery systems company, has raised US$40 million to boost its partnerships with utility companies and community choice aggregators (CCAs).
Announcement
By April Bonner December 18, 2025
PARTIES MENTIONED IN SOURCE
S
Sunrun residential solar and energy storage installer

"US residential solar and energy storage installer Sunrun and energy supplier NRG Energy have announced a multi-year partnership aimed at accelerating residential energy storage in Texas."

N
NRG Energy energy supplier

"US residential solar and energy storage installer Sunrun and energy supplier NRG Energy have announced a multi-year partnership aimed at accelerating residential energy storage in Texas."

R
Reliant retail electricity provider

"Texas residents will have access to a home energy solution that combines Sunrun’s solar-plus-storage systems with “optimised rate plans and smart battery programming,” provided by NRG Energy’s retail electricity provider, Reliant. "

H
Haven Energy home battery systems company

"Haven Energy, a home battery systems company, has raised US$40 million to boost its partnerships with utility companies and community choice aggregators (CCAs)."

G
Giant Ventures investor

"The US$40 million comprises an equity round led by Giant Ventures and a debt facility from Turtle Hill, with further equity investments from California Infrastructure Bank, Carnrite Ventures, Chaac Ventures, Comcast Ventures, and Lerer Hippeau."

T
Turtle Hill lender

"The US$40 million comprises an equity round led by Giant Ventures and a debt facility from Turtle Hill, with further equity investments from California Infrastructure Bank, Carnrite Ventures, Chaac Ventures, Comcast Ventures, and Lerer Hippeau."

C
California Infrastructure Bank investor

"The US$40 million comprises an equity round led by Giant Ventures and a debt facility from Turtle Hill, with further equity investments from California Infrastructure Bank, Carnrite Ventures, Chaac Ventures, Comcast Ventures, and Lerer Hippeau."

C
Carnrite Ventures investor

"The US$40 million comprises an equity round led by Giant Ventures and a debt facility from Turtle Hill, with further equity investments from California Infrastructure Bank, Carnrite Ventures, Chaac Ventures, Comcast Ventures, and Lerer Hippeau."

C
Chaac Ventures investor

"The US$40 million comprises an equity round led by Giant Ventures and a debt facility from Turtle Hill, with further equity investments from California Infrastructure Bank, Carnrite Ventures, Chaac Ventures, Comcast Ventures, and Lerer Hippeau."

C
Comcast Ventures investor

"The US$40 million comprises an equity round led by Giant Ventures and a debt facility from Turtle Hill, with further equity investments from California Infrastructure Bank, Carnrite Ventures, Chaac Ventures, Comcast Ventures, and Lerer Hippeau."

L
Lerer Hippeau investor

"The US$40 million comprises an equity round led by Giant Ventures and a debt facility from Turtle Hill, with further equity investments from California Infrastructure Bank, Carnrite Ventures, Chaac Ventures, Comcast Ventures, and Lerer Hippeau."

E
Electric Power Research Institute (EPRI)

"Current partners include Electric Power Research Institute (EPRI), Clean Power Alliance (CPA), San Jose Clean Energy (SJCE), Clean Energy Alliance (CEA), and Peninsula Clean Energy (PCE)."

C
Clean Power Alliance (CPA)

"Current partners include Electric Power Research Institute (EPRI), Clean Power Alliance (CPA), San Jose Clean Energy (SJCE), Clean Energy Alliance (CEA), and Peninsula Clean Energy (PCE)."

S
San Jose Clean Energy (SJCE)

"Current partners include Electric Power Research Institute (EPRI), Clean Power Alliance (CPA), San Jose Clean Energy (SJCE), Clean Energy Alliance (CEA), and Peninsula Clean Energy (PCE)."

C
Clean Energy Alliance (CEA)

"Current partners include Electric Power Research Institute (EPRI), Clean Power Alliance (CPA), San Jose Clean Energy (SJCE), Clean Energy Alliance (CEA), and Peninsula Clean Energy (PCE)."

P
Peninsula Clean Energy (PCE)

"Current partners include Electric Power Research Institute (EPRI), Clean Power Alliance (CPA), San Jose Clean Energy (SJCE), Clean Energy Alliance (CEA), and Peninsula Clean Energy (PCE)."

L
Leap software provider

"Leap, a software provider for aggregating DERs, and independent power producer (IPP) Enel North America have announced a partnership to expand the connection of commercial and industrial (C&I) DERs to utility demand response programmes across the country."

E
Enel North America independent power producer (IPP)

"Leap, a software provider for aggregating DERs, and independent power producer (IPP) Enel North America have announced a partnership to expand the connection of commercial and industrial (C&I) DERs to utility demand response programmes across the country."

high quality Enriched Feb 19, 2026

Timeline

Announced
May 8, 2025
Signed
Closed

Market Context

This deal is part of the Renewable Energy sector in United States.
94
Renewable Energy deals
565
deals in United States
1 of 94 Renewable Energy deals tracked this month · Updated daily

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