SolarEdge and Kraken will allow automated sales of energy to the grid when demand is high. Image: BusinessWire

Kraken, part of Octopus Energy, has joined forces with battery tech firm SolarEdge to bring flexible, automated energy savings to SolarEdge home battery users.

The strategic partnership will see SolarEdge batteries integrated into the Kraken platform. This will allow SolarEdge customers to charge their home battery systems with cheap, clean energy when it is most abundant and sell it back to the grid at peak times, as part of a system fully automated by Kraken.

Octopus Energy customers who also use SolarEdge battery systems will get access to Octopus Energy’s “Intelligent Octopus” smart import and export tariff. Additionally, SolarEdge customers across the globe will be able to join Kraken’s virtual power plant (VPP): a network of distributed domestic devices that help with grid balancing.

Zvi Lando, CEO of SolarEdge Technologies, commented: “This strategic partnership puts SolarEdge customers at the centre of the energy ecosystem and helps drive greater energy resiliency to homes and the grid in the UK and Texas. As the world continues to transition towards net-zero, these programs will be critical to ensuring a stable penetration of renewable energy into the grid network.”

Devrim Celal, CEO of Kraken, said: “This partnership with SolarEdge sees a key player in clean domestic energy tech join our ecosystem. The scale this brings will benefit our customers’ pockets and support the transition to a clean, sustainable energy system.”

Octopus and batteries

Octopus has recently been making significant moves in the battery energy and solar spaces.

Last month, the company announced it had signed a deal with Gresham House Energy Storage Fund to boost Octopus’s VPP portfolio to over 1.5GW. The two-year fixed-price tolling agreement covers 568MW/920MWh of Gresham House’s battery energy storage system (BESS) assets. Octopus will use the BESS project’s batteries at a price determined by the duration of the assets.

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