The new guy starts on Monday, so the U.S. Department of Energy (DOE) Loan Programs Office (LPO) has been burning the candle at both ends lately, especially this week, rushing to allocate unspent Inflation Reduction Act (IRA) funding on promising clean energy and grid infrastructure projects.
How does a 27-state virtual power plant (VPP) sound?
Sunwealth Holdco 18 LLC (Sunwealth) has closed on a $289.7 million loan guarantee with the LPO to finance Project Polo, a scheme to deploy up to 1,000 solar photovoltaic (PV) and battery energy storage systems (BESS) across 27 states. SYSO Technologies of Boston, Massachusetts, will provide its software platform to help all of those distributed energy resources (DERs) communicate, creating a massive VPP.
Sunwealth, a commercial solar financier, developer, and owner-operator based in Cambridge, Massachusetts, has a ten-year operating history serving commercial solar markets without defaulting (probably a plus for the people considering loaning them money).
Para leer más ingrese a:
https://www.renewableenergyworld.com/power-grid/smart-grids/project-polo-the-plan-to-build-a-27-state-virtual-power-plant/