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Spruce Power Partners with sonnen to Offer Energy Storage Upgrades, Develop Virtual Power Plants
Following its expansion into home power solutions, Spruce collaborates with sonnen to bring safe, long-lasting home batteries to solar customers
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HOUSTON, April 8, 2021 /PRNewswire/
Spruce Power, a Power-as-a-Service™ company with roots in energy efficiency and residential solar energy, announced it entered a supply and partnership agreement with sonnen Inc., a global market leader in smart residential energy storage systems. Their collaboration is focused on providing Spruce s existing 50,000 residential solar customers with access to upgrade their home systems with safe, long-lasting battery solutions, improving their resiliency, energy independence and energy efficiency. In addition, the two companies plan on developing virtual power plant (VPP) projects in emerging distributed energy resource (DER) aggregation markets like New York and Cal
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One of the first residential power companies to offer customers the ability to add home batteries as a retrofit to existing solar photovoltaic (PV) systems, the company formerly known as Spruce Finance has also unveiled its new company name, Spruce Power. The name change reflects its broader commitment to helping homeowners securely supply, store and manage their home s energy, while providing investors with access to the expanding residential renewable energy asset class. Spruce Power is extending our business model and product offerings to deliver comprehensive energy solutions to our large customer base, said Christian Fong, CEO of Spruce Power. The future of power is distributed, clean and smart. As early adopters of solar, our customer base is eager to add complementary technologies that make their homes more resilient and equipped for an electrified future.
Democrats Win the Senate. What Might Face Businesses?
Democrats Win the Senate. What Might Face Businesses?
Comments Off on Democrats Win the Senate. What Might Face Businesses?
ASHFIELD, MA With Democrats sewing up both of Georgia’s Senate seats and with them control of the upper chamber, the incoming Biden administration will have an easier path to passing the kind of tax, trade and labor bills that keep C-suites up at night. But a razor-slim majority is far from what a president needs for wide-ranging change. This could make some corporate executives breathe more easily, but leaders who have navigated companies through major government transitions know not to be complacent.