Leap Grows Energy Storage Vertical with New and Expanded Partnerships Storage technology innovators launch and scale their virtual power plant solution with Leap Posted September 6, 2024 SAN FRANCISCO, CA - September 5, 2024 - Leap, the leading virtual power plant (VPP) platform, today announced significant growth in its energy storage vertical through new partnerships with Channing St. Copper, Elexity and FranklinWH, alongside expanded partnerships with sonnen and Energy Toolbase. Leap unlocks new grid program revenue streams for energy storage technology, system and service providers by aggregating and deploying their customers' residential and commercial storage assets to support the grid as VPPs. Battery storage is a critical technology for VPPs, offering high dispatchability, precise control and flexibility that makes it well-suited for a range of grid services applications. Through Leap’s platform, battery technology providers can stack new grid program revenue with other storage value streams, driving greater bill savings for their customers without compromising core backup power functionality. “There’s an increasingly diverse ecosystem of technology companies orchestrating different parts of the battery storage system value chain,” said Jason Michaels, Chief Revenue Officer. “Through Leap’s partner-centric model, we’ve been able to tap into that diverse ecosystem to integrate new VPP revenue into the value chain for both residential and commercial battery companies.”
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