SOLRITE Energy and sonnen launch battery-only virtual power plant in Texas
SOLRITE Energy has launched a new battery-only virtual power plant (VPP) offer for the Texas ERCOT market under which it will deploy sonnen energy storage systems at customer homes and sell electricity directly to the homeowners through retail partner Abundance Energy.
Counterparts (3)
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- 144 MW battery-only VPP in Texas ERCOT market
- Partnership between SOLRITE Energy, sonnen, and Abundance Energy
- Focus on residential energy storage aggregation
- Potential impact on grid stability and homeowner energy costs
Source Intelligence
The company is targeting a total of 10,000 customers by the end of 2026. "Blake Richetta, chairman and CEO of sonnen Inc. USA told pv magazine USA the company is targeting a total of 10,000 customers by the end of 2026." The program will represent a total energy storage capacity of 600 MWh. "With that number of customers, Richetta says the program will represent a total energy storage capacity of 600 MWh" The battery-backed energy plans offer 12 cents per kWh “all-in” energy costs for a $20 monthly fee. "The company’s battery-backed energy plans offer 12 cents per kWh “all-in” energy costs for a $20 monthly fee to homeowners with or without solar panels in all deregulated Texas markets." The offer features 60 kWh of sonnen battery capacity per home. "The offer features 60 kWh of sonnen battery capacity per home and a retail energy rate of 12 cents per kWh through retail partner Abundance Energy."
"SOLRITE Energy has launched a new battery-only virtual power plant (VPP) offer for the Texas ERCOT market under which it will deploy sonnen energy storage systems at customer homes and sell electricity directly to the homeowners."
"SOLRITE Energy has launched a new battery-only virtual power plant (VPP) offer for the Texas ERCOT market under which it will deploy sonnen energy storage systems at customer homes and sell electricity directly to the homeowners."
"a retail energy rate of 12 cents per kWh through retail partner Abundance Energy."
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