Big things going on in RIVER CITY & Globally !The key to the VPP growth is the financing plans to be developed for the residential and small commercial users. Longer term payments in exchanges for roof/installs for larger portion of Power Reserves in batteries.
The OpenSolar blog touches on these points.
Why own outright if you are looking to stabilize your home power as well as the ability to export power for some financial benefits.
How quickly will electrification take hold.
SUNLIGHT IS FREE ! or can they tax as well ?
In the North American market, Eguana continues to expand its utility and DERMS (Distributed Energy Resource Management System) partners, in addition to its partnership with Duracell© Power Center. The Company believes utility driven VPPs will shift the renewables focus from rooftop solar to fully integrated energy storage, given the wide array of benefits for both the consumer and the utility. Currently the Company is enrolled in six VPPs spanning 20 utilities, with additional utility pilot programs planned for 2024.
“2023 has been a difficult year for the industry and particularly Eguana as we continue to work through short term liquidity concerns” commented Holland. “The team has been successful in building out the fully integrated Eguana Cloud platform and opening up recurring revenue streams through our utility partnerships, which we expect to play a key role in the market recovery and the adoption of energy storage technologies.”