Energy services company Sunrun Inc. concluded a grid services purchase agreement with Open Access Technology International, Inc. (OATI) and entered the emerging grid services market of Hawaiian Electric.
Together, Sunrun and OATI will supply electricity from domestic solar plants and batteries on the Hawaiian island O'hua to the national utility. This will increase the reliability of the Hawaiian power grid on O'ahu and reward customers of Sunrun's Brightbox products for using their own solar and storage systems. By feeding bundled clean energy from the residential battery systems into the O'ahu grid, Sunrun and OATI will form one of the world's largest virtual residential power plants and help supply Hawaii's most inhabited island with clean energy.
Sunrun and OATI will feed the energy generated by roof solar modules from about 1,000 home batteries on O'ahu into the grid from 2020 to at least 2024. This will relieve the load on the power grid, especially in times of increased demand and, according to the involved companies, prevent power outages .
“This is a landmark moment for Sunrun, for Hawaii, and the future of energy in our country,” said Sunrun co-founder and CEO Lynn Jurich. “This program is a clear demonstration that rooftop solar and batteries are driving the creation of a more locally-powered energy system, and provide important value to customers, utilities, and the broader electricity grid.”
Source: Sunrun Inc. | www.investors.sunrun.com
Image: Pexels | www.pexels.com
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