General Motors (GM) and SDG&E team up to explore vehicle-to-grid and vehicle-to-home technology

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SDG&E & General Motors to Explore Vehicle-to-Grid and Vehicle-to-Home Technology

November 10, 2022 6:50 AM EST

New collaboration will study how electric vehicles, chargers and batteries can enhance energy reliability and build grid resiliency

SAN DIEGO--(BUSINESS WIRE)-- San Diego Gas & Electric (SDG&E) and General Motors (GM) today announced an agreement to investigate the feasibility of integrating bidirectional Electric Vehicles (EVs) into the electric grid as a local energy resource. Following GMs announcement of its newest business unit, GM Energy, the study will examine the hardware, software, processes and construction considerations necessary to accelerate wider adoption of Vehicle-to-Grid Integration (VGI) capabilities, which include:

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SunPower Reports Third Quarter 2022 Results

November 8, 2022 8:05 AM EST

Added a record 23,000 customers in the third quarter, a 63% increase YoYAccelerated revenue growth 67% YoY Reported Net Income attributable to stockholders of $139M, Adjusted EBITDA of $33M which more than doubled Q2 resultsAnnounced collaboration with General Motors to develop home energy system; General Motors named SunPower as exclusive solar provider

RICHMOND, Calif., Nov. 8, 2022 /PRNewswire/ -- SunPower Corp. (NASDAQ: SPWR), a leading solar technology and energy services provider, today announced financial results for the third quarter, ending October 2, 2022.

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