Kora Power is developing a smart electrical panel that integrates with solar energy, battery storage, and Virtual Power Plants (VPPs) to enhance energy management for homeowners and utilities. By combining advanced hardware, software, and communication protocols, Kora’s panel optimizes energy use, facilitates demand response, and enables seamless interaction with distributed energy resources (DERs).
The company aims to allow homeowners to participate directly in energy markets, selling aggregated power from residential solar and battery systems. Kora's system supports advanced functionalities like Time-of-Use (TOU) arbitrage, maximizing financial returns while enhancing grid reliability. It uses cutting-edge technology, including IoT communication and modular designs, to ensure flexibility and scalability.
Kora's mission is to make renewable energy systems more accessible and profitable by integrating them into broader energy markets. By focusing on compliance with standards like Rule 21 and leveraging VPP software, Kora offers a solution that bridges the gap between residential energy assets and the grid, aligning economic incentives with sustainable energy adoption.