SOLRITE and sonnen collaborate for Industry-First Virtual Power Plant PPA 

SOLRITE Energy’s SOLRITE Virtual Power Plant Power Purchase Agreement (VPA), developed in partnership with sonnen, introduces solar + storage to diverse customer segments. Notably, the VPA’s unique features result in a 43% higher homeowner approval rate, facilitated by sonnenConnect VPP Program’s grid services. Contractors benefit from efficient installation solutions and high-quality reporting. The VPA, launched in January 2024, garnered a significant increase in contractor applications, with a national installation target of 25,000 by 2024-end. SOLRITE plans to expand to new markets in 2024, offering competitive PPA financing options in non-VPP areas.