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Swell Energy Offers Innovative Battery Deal to 8,000 Customers in Southern California

VPPs offer a compelling way for homeowners, business owners and utilities to collectively meet today s shifting energy needs by unlocking the potential of solar energy stored in an onsite battery. Owners can draw down stored energy when electricity is most expensive and reserve solar energy in case of a power outage. Participants in Swell s southern California VPP programs further benefit by earning GridRevenue when consuming their stored energy in the evenings, providing much needed relief to the grid during peak times. By using a battery when the utility values it most, homeowners can arbitrage both retail and wholesale energy rates and achieve an accelerated payback on their energy system. Adding a second battery to the system further increases participation levels in the VPP and opportunities for GridRevenue, while simultaneously expanding power security on site. Swell s VPP program began operating earlier this year and is ramping up over the following year, providing immediat ....

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Hawaii PUC approves 25-MW solar plus 80-MW/100-MWh storage virtual power plant

Hawaii PUC approves 25-MW solar plus 80-MW/100-MWh storage virtual power plant
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Hawaii PUC Approves Swell Energy's Grid Services Contract with Hawaiian Electric

Press release content from Business Wire. The AP news staff was not involved in its creation.
Hawaii PUC Approves Swell Energy’s Grid Services Contract with Hawaiian Electric
January 18, 2021 GMT
LOS ANGELES (BUSINESS WIRE) Jan 18, 2021
Swell Energy, Inc. today announced that the Hawaii Public Utilities Commission (PUC) has approved its $25 million contract with Hawaiian Electric for the delivery of various grid services through an aggregated “virtual power plant” (VPP) on three islands. Swell Energy, a California-based energy and smart grid solutions provider, will deploy behind-the-meter solar-powered home batteries to approximately 6,000 residential customers to create a comprehensive VPP on Oahu, Maui and Hawaii islands. ....

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Swell Energy Announces Capital Partnership to Deploy Portfolio of Virtual Power Plants Comprised of 14,000 Distributed Energy Storage Systems

Swell Energy Announces Capital Partnership to Deploy Portfolio of Virtual Power Plants Comprised of 14,000 Distributed Energy Storage Systems
businesswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesswire.com Daily Mail and Mail on Sunday newspapers.

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