Sparkion, a Vontier company, announced its partnership with Voltus, a leading distributed energy resource platform and virtual power plant operator. The partnership will support grid reliability in the U.S. by enrolling EV sites with Sparkion controlled energy storage and DERs at commercial and industrial sites into Voltus’s virtual power plant network. The collaboration with Voltus leverages energy storage as a dual-use asset and connects DERs to electricity markets in the U.S. to generate revenue for commercial and industrial energy users while contributing to a more sustainable and resilient electric grid.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on VNT:
- BofA upgrades Vontier to Buy, sees ‘more room to run’
- Vontier upgraded to Buy from Neutral at BofA
- Vontier divests Coats business to Victor Capital Partners for $72.5M in cash
- Vontier price target raised by $3 at Citi, here’s why
- Vontier looking like a Buy to split EV difference, Barron’s says
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue