Virtual Power Plant

SUSI Partners has bought a 50% stake in Macquarie Capital’s 63 MW / 340 MWh distributed energy storage portfolio in Southern California. Included as part of this purchase is the world’s largest virtual power plant.

Solar households that choose to participate in the trial in New South Wales will receive direct cash payments of up to AUD $135 ($95) per year, depending on the size of their battery systems.

The virtual facility is monitoring approximately 1 GW of combined wind, solar, storage and flexible gas engines in the U.K. and its capacity may double in the summer. The energy managed by the plant is being sold on the British energy market.

With Europe set to return to solar power levels last seen during the PV boom seven years ago, a wave of mergers and acquisitions is taking place as the oil and gas majors splash the cash to buy the expertise needed to participate in PV’s new dawn.

The module maker and electronics giant is testing the feasibility of a complex virtual power plant with a blockchain platform provided by US-based LO3 Energy.

The nation already meets well above 80% of its electricity demand from renewable energy. With e-mobility and electric industrial processes on the rise, higher demand has created new development opportunities.

The Australian Renewable Energy Agency has awarded AU$9.6 million in grants for five projects and seven studies into the role of distributed generation assets on the grid – and how to expand their penetration.

Queensland is in line for its first community-scale battery – to be installed on Townsville’s outskirts – because of the high number of rooftop solar systems and close proximity of electricity infrastructure. The energy storage system should be operating by the end of the year.

With a proof of concept, Engie and Connected Power have integrated their second-life EV storage system into the distribution system of TenneT in Rotterdam, the Netherlands.

The virtual power plant (VPP) solutions provider connected its product with a 2 MW storage system in Belgium. It will be the country’s first storage system to take part in the grid’s frequency control reserve.