Company achieves major growth milestones, doubling platform capacity year-over-year to reach 367 MW, powering 100+ technology partners and over 400,000 unique energy resources.

Leap, the leading platform for building and scaling virtual power plants (VPPs), today announced industry-leading growth that underscores its role as a driving force in the distributed energy economy. Leap achieved 100% year-over-year capacity growth, reaching 367 MW of nominated capacity, far outpacing the recently-reported industry average growth rate of 13.7%. The company now partners with over 100 technology providers and connects more than 400,000 unique distributed energy resources (DERs) to grid programs through its platform.

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Leap achieves 100% capacity growth and 100+ partners.

Virtual power plants offer a faster, more cost-effective solution to building new traditional power plants to meet rising energy demand and keep the lights on during energy emergencies. Leap’s platform harnesses the untapped potential of DERs to serve as paid grid resources through VPPs.

“Leap’s platform bridges the gap between DERs and the fragmented energy program landscape,” said Jason Michaels, CEO of Leap. “We’ve invested in building best-in-class technology that makes it easy for our partners to access energy markets and manage VPP operations, allowing them to focus on delivering value to their customers. This summer, our VPPs showed up again and again, proving that DERs can provide fast, sustained support to the grid.”

Leap’s momentum has been driven by its distinctive partner-focused business model and automation-driven approach. Operating as a behind-the-scenes partner, Leap’s white-label solution enables technology providers to deliver their own VPP offerings under their own brands. The company has continued to expand its universal API suite and launch new platform capabilities that automate key VPP operations, making it easier than ever for its partners to onboard, transact, and get paid in demand response and other grid services programs across the United States.

The company has also entered new programs and markets, including the PJM Interconnection, the largest electricity market in the US, and new programs in California, while maintaining a sharp focus on delivering strong performance during grid events.

“Budderfly is building one of the nation’s largest portfolios of flexible small commercial sites,” said Beth Crouchet, Director, Energy Markets & Resource Planning at Budderfly. ”By owning and operating the energy infrastructure, we deliver dependable capacity to the grid while keeping customers comfortable and cost-effective. Leap’s automation amplifies that impact. Together, we’re showing how middle-market businesses can play a pivotal role in creating a smarter, more resilient grid.”

About Leap

Leap is the leading platform for building and scaling virtual power plants (VPPs). Through its software-only solution, Leap facilitates fast, easy and automated access to demand response and other grid services revenue streams for the providers of battery storage systems, EV chargers, smart building technologies, and other distributed energy resources (DERs). Managing over 400,000 energy sites and devices across U.S. energy markets, Leap empowers more than 100 technology partners and their customers to unlock new value and help create a more flexible, resilient grid powered by renewable resources. Visit leap.energy to learn more.

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Leap achieved 100% year-over-year capacity growth, reaching 367 MW of nominated capacity, far outpacing the recently-reported industry average growth rate of 13.7%.