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SOLRITE and sonnen Launch Virtual Power Plant Power Purchase Agreement in Texas

Jan 16, 2025

Contract Type

agreement

New YorkInformation TechnologyEnergySoftwareAppsHospitalityRenewable EnergyE CommerceSaaSSolarinformation technology & services

Description

SOLRITE Energy and sonnen have launched an innovative virtual power plant power purchase agreement (VPA) in Texas's ERCOT market. This program offers solar and battery power for homes at an affordable monthly rate, making it accessible to many Texans. Under this agreement, SOLRITE will install solar panels and sonnen batteries at eligible customer households with no upfront cost, providing back-up power and enabling homeowners to join a larger network called a Virtual Power Plant (VPP).

Quick answer

SOLRITE and sonnen Launch Virtual Power Plant Power Purchase Agreement in Texas (January 16, 2025). Squarespace is based in New York, New York, United States.

What agreement did Squarespace announce on January 16, 2025?: SOLRITE Energy and sonnen have launched an innovative virtual power plant power purchase agreement (VPA) in Texas's ERCOT market. This program offers solar and battery power for homes at an affordable monthly rate, making it accessible to many Texans.
What does Squarespace do?: Squarespace (NYSE: SQSP) is a design-driven platform helping entrepreneurs build brands and businesses online.
Where is Squarespace based?: Squarespace is based in New York, New York, United States.

Source: Fundz verified event record.

Company Information

Company

Squarespace

Location

8 Clarkson St

New York, New York, United States

About

Squarespace (NYSE: SQSP) is a design-driven platform helping entrepreneurs build brands and businesses online. Our products empower millions in more than 200 countries and territories with all the tools they need to create an online presence, build an audience, monetize, and scale their business. Our suite of products range from websites, domains, ecommerce, and marketing tools, as well as tools for scheduling with Acuity, creating and managing social media presence with Bio Sites and Unfold, and hospitality business management via Tock. For more information, visit www.squarespace.com.