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.
SOLRITE and sonnen collaborate for Industry-First Virtual Power Plant PPA
SOLRITE’s Virtual Power Plant Power Purchase Agreement by SOLRITE and sonnen, providing homeowners access to backup power and superior energy savings through sonnenConnect. (Image Credit: SOLRITE Energy).
Aiming to support Malaysia’s 31% renewable goal by 2025, Masdar’s study could pave the way for large-scale floating solar in Southeast Asia. (Image Source: Masdar)
Avangrid’s Camino Solar project will generate power for approximately 14,000 US homes and is expected to create $15 million in local tax revenue. (Image Source: Avangrid)
Poland’s solar sector is set to benefit from Suntech’s advanced TOPCon modules under a new 200 MW distribution partnership. (Image Source: Suntech/ Linkedin)
Telecrown’s order from RRP Semiconductor includes silicon solar cells and polycrystalline materials for Maharashtra’s growing renewable energy sector. (Image Credit/Source: fietzfotos/Pixabay)