Ovo, Shell Unit to Turn Spanish Homes into Virtual Power Plants
- Rooftop solar is forecast to grow to 1 million homes by 2025
- Ovo’s offering in Spain is similar to Tesla’s tariff in U.K.
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Ovo Energy Ltd has partnered with a Royal Dutch Shell Plc subsidiary to offer rooftop solar and batteries to homes in Spain.
The deal is the latest in a trend where energy suppliers offer complete energy systems that turn households into virtual power plants. Ovo’s Spanish offering is similar to Tesla Inc’s tariff launched in the U.K. last month that combines solar panels and a battery. Ovo is also carrying out a home battery trial in the U.K. with Sonnen.