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EnergyHub Acquires Resideo Grid Services to Accelerate VPP Growth for Utilities
Businesswire· 2025-12-02 21:10
Core Insights - EnergyHub has acquired Resideo Grid Services, indicating a strategic move towards integrated energy resource management solutions [1] - The acquisition highlights a trend in the industry towards utilizing a single platform for managing distributed energy resources (DERs) as utilities expand their Virtual Power Plants (VPPs) [1] Company Summary - EnergyHub is recognized as a leading provider of grid-edge flexibility solutions [1] - Resideo Grid Services is noted for its expertise in demand response aggregation and program management [1] Industry Trends - There is a growing industry shift towards integrated edge distributed energy resource management systems (DERMS) [1] - Utilities are increasingly incorporating electric vehicles (EVs), batteries, and other resources into their Virtual Power Plants (VPPs) [1]
ConnectM Acquires Amperics, Expanding Keen Labs' Portfolio and Advancing the Future of Virtual Power Plants & Energy-Intelligent AI Data Centers
Globenewswire· 2025-11-03 19:30
Core Insights - ConnectM Technology Solutions, Inc. has announced the acquisition of Amperics, a developer of advanced hybrid battery-supercapacitor technology, marking a significant shift in its business model from electrification services to energy-asset ownership and Virtual Power Plant (VPP) operations [1][2] Group 1: Acquisition Details - The acquisition will integrate Amperics into Keen Labs, ConnectM's AI and technology subsidiary, expanding its portfolio of connected-energy platforms [3] - Amperics' TiO₂-based hybrid battery technology offers high power, long cycle life, and enhanced safety, making it suitable for applications like grid stabilization and data-center energy buffering [4] Group 2: Strategic Implications - This acquisition strengthens ConnectM's leadership in distributed energy resources (DERs) and VPP operations, with plans to incorporate Amperics' technology into various applications through its Energy Intelligence Network (EIN) platform [5][6] - The hybrid battery technology will enhance the company's AI-driven Energy Intelligence and VPP software, allowing for real-time control and monetization of distributed storage assets [6] Group 3: Business Model Transformation - By combining Amperics' energy-storage technology with Keen Labs' software, ConnectM aims to create a model that transforms traditional equipment sales into recurring income streams, effectively establishing distributed "digital power plants" [8] - The technology aligns with ConnectM's mission to decarbonize infrastructure while ensuring reliability, utilizing scalable and low-cost manufacturing processes [9]
Itron Supports Virtual Power Plants in Australia
Globenewswire· 2025-10-28 21:00
Core Insights - Itron, Inc. is supporting Project Jupiter to enhance the integration of distributed energy resources (DER) in Western Australia, utilizing its Low Voltage Distributed Energy Resource Management System (LV DERMS) [1][2]. Group 1: Project Overview - Project Jupiter is a collaboration involving Western Power, Synergy, the Australian Energy Market Operator, and Energy Policy WA, aimed at integrating DERs like rooftop solar and community batteries into the South West Interconnected System (SWIS) [2]. - The project enables households and businesses to participate in virtual power plants (VPPs), facilitating the energy transition [2]. Group 2: Technology and Implementation - Synergy, the largest electricity generator in Western Australia, is implementing Itron's LV DERMS solution, which includes the IEEE 2030.5 Common Smart Inverter Profile-Australia (CSIP-Aus) utility server from Kitu Systems [3]. - The server is designed to register, monitor, and control DERs, enhancing the management of battery energy storage systems [3]. Group 3: Benefits and Future Prospects - Customers will have the option to join a VPP, allowing them to unlock greater value from their energy assets, with Itron's LV DERMS facilitating DER compliance testing [4]. - The project is seen as a significant step in defining and assuring compliance with emerging standards in the energy sector [5].