Vistra (VST) announced an expansion of its battery aggregation program to include Enphase Energy’s (ENPH) IQ Batteries, further scaling its residential virtual power plant to strengthen grid reliability across Texas. The program, Battery Rewards, is offered through Vistra’s flagship retail electricity brand, TXU Energy, and allows eligible Enphase customers to earn incentives by exporting stored battery power to the grid during periods of high demand. “As Texas continues to expect rapid load growth, demand-side solutions are becoming increasingly important,” said Sam Sen, Vistra’s vice president of energy transition solutions. “By bringing additional flexible resources like batteries online during critical periods, we can strengthen grid reliability and serve more load using the infrastructure already in place.”
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ENPH:
- Enphase Energy announces new partnership with Capital Good Fund
- ENPH CHANNEL INVENTORY FRAUD ALLEGED BY SECURITIES ACTION — LEVI & KORSINSKY, LLP
- Enphase, Joby, Teladoc, NuScale, Southwest Trending With Analysts
- Oracle upgraded, Workday downgraded: Wall Street’s top analyst calls
- Enphase Energy upgraded at Jefferies on emerging inflection in demand
