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Evolve Virtual Power Plant

Location

South Africa

Sector

Smart Grid

Stage

Pre-feasibility
Overview

Evolve will be launching its Pilot Project for a Virtual Power Plant operating in the city of Cape Town municipal grid network. This VPP will aggregate hundreds of distributed energy resources in the form of batteries, rooftop solar and other and have intelligent algorithms controlling their dispatch to serve as generation sources, or control their demand to mitigate load on the grid. Through this VPP setup services such as critical backup or load mitigation can be provided to commercial customers aswell as later on ancillary services for the municipal grid.

Investment Needs

$1 000 000

Investment Project Type:

Private

Invested Value to Date:

$50 000

Why Investing

1
Early Advantage
Investing in South Africa's aggregation of distributed energy resources offers a chance to be at the forefront of a burgeoning market. As the energy sector shifts towards renewables, being among the first movers positions you to establish a leading presence before competition intensifies, potentially leading to significant gains.
2
Portfolio Diversification
Diving into distributed energy resources diversifies your investment portfolio. With increasing pressure on traditional energy, spreading investments across renewable sectors like solar and wind mitigates risks associated with industry volatility, offering stability and resilience.
3
Impactful Investment
Investing in renewable energy aligns with environmental and social goals. By supporting clean energy solutions, you contribute to combating climate change and fostering sustainable development. Additionally, these investments create jobs and improve energy access, driving positive social and economic change.
Victor Mallet
CEO
https://www.evolve-bgs.com
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