Verantum and Yotta Energy have announced a strategic partnership to deliver virtual power plant (VPP) solutions for multi-site commercial operators across North America. Verantum’s platform serves multi-site commercial building operators and currently manages over 42,000 buildings in every major utility service territory. Yotta Energy develops and manufactures the Yotta Block, the only energy storage product that is installed on the roof with the solar array.
The partnership attacks the problem, including the building’s load and the storage itself. Verantum already dynamically optimises the equipment that uses the most power in these buildings, including HVAC and refrigeration, to reduce both energy consumption (kWh) and demand (kW), essentially creating a virtual battery from the building’s existing load flexibility. Yotta’s batteries install on the roof as part of the solar system, the same way at every site. Together, the two solutions let buildings shift when they use power and supply stored energy when the grid needs it, without compromising occupant comfort or refrigerated goods.
Ryan Adelman, CEO of Verantum, said, “Partnering with Yotta is the logical next step, giving customers relief from rising utility costs while providing flexibility to the grid. Combining our zero-capex demand management capabilities with a behind-the-meter energy storage system delivers superior economics and a scalable model for multi-site operators.”
Jordan Harris, CEO of Yotta Energy, said, “Our solution deploys with the solar array and streamlines every aspect of the project. Together with Verantum, we generate, store, and optimize electricity at the point of demand, and all our customers will see is the savings.”
Join our community of 200,000+ real estate leaders and get weekly insights and updates with our newsletter.
*Offer ends on Friday, 7th February.
