bp acquires US start-up that turns buildings into ‘virtual power plants’

The New York-based firm uses bespoke algorithms to optimise the energy efficiency of buildings and connect them to power markets, using the buildings as flexible power assets to generate, store and trade renewable energy

‘First-of-its-kind’ project to expand EV capacity in New York City

The Blueprint for LeFrak City project also seeks to show how networked buildings, onsite clean energy technologies and EV charging can help decarbonise buildings and transportation in New York City