
Why virtual power plants are the future of solar energy
Renewables such as solar can be volatile. But turning EVs, heat pumps and home batteries into virtual power plants could improve the utilization of solar.
Enpal, a greentech unicorn based in Germany, pioneers the energy transition with its integrated solution for renewable energy. Founded in 2017, Enpal is among Europe’s leading solar companies and a leading heat pump installer in Germany. At the core of its technology is the artificial intelligence (AI)-based energy management system Enpal.One, which connects private homes with the electricity market to form a gigantic virtual power plant and enable the energy transition. Enpal's investors include some of the world's largest impact and technology investors, such as TPG Rise Climate, Softbank Vision Fund II, Princeville Climate Technologies, HV Capital, Activate Capital, and The Westly Group.