Eguana Technologies (EGTYF) has partnered with Portland General Electric (POR), an electrical utility based in Oregon, to join their Smart Battery Program. The Smart Battery Program seeks to install and to connect residential energy storage batteries that will contribute up to 9.5 megawatt hours of energy to PGE’s grid. Once installed and integrated, these battery storage systems will contribute to PGE’s Virtual Power Plant. Residential battery systems can be operated individually or combined to serve the grid, adding flexibility that supports PGE’s transition to a cleaner energy future. In addition, these battery storage systems provide customers with a backup energy resource they can rely on, in the event of a power outage.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on POR: