Victorian company Origin Energy has secured AUD4.5m ($3.2m) of funding from the Australian government's Microgrid Demonstration Initiative grant programme towards its AUD20m 5 MW virtual power plant (VPP) project. The cloud-based scheme will distribute electricity between 650 customers with solar and battery storage during peak periods. Origin's VPP is one of eight microgrid projects, worth a total of AUD37m, to receive support from the AUD10m grant programme.
Australian company Origin Energy has secured AUD4.5m ($3.2m) of funding from the Victorian government's Microgrid Demonstration Initiative grant programme towards its AUD20m 5 MW virtual power plant (VPP) project. The cloud-based scheme will distribute electricity between 650 customers with solar and battery storage during peak periods. Origin's VPP is one of eight microgrid projects, worth a total of AUD37m, to receive support from the AUD10m grant programme.