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 and sonnen redefine solar financing with the first Virtual Power Plant Power Purchase Agreement (VPA). Learn how this innovative collaboration brings solar + storage to a wider audience.
/solarbytes/media/post_attachments/wp-content/uploads/2024/02/12191931/2024-2-9-Sonnex-gks.png)
Advertisment
/solarbytes/media/agency_attachments/2025/01/13/2025-01-13t112055287z-solarbytes.png)
/solarbytes/media/agency_attachments/2025/01/13/2025-01-13t112030439z-solarbytes.png)