mPrest, a leading developer and provider of dynamic grid-aware, behind the meter, distributed energy resource management systems (DERMS), and Doral Energy, a leading global company in the field of renewable energy, are pleased to announce their teaming agreement. With mPrest’s mDERMS platform, Doral Energy aims to optimize its distributed clean energy generation and trading. This platform enables Doral Energy to operate as a Virtual Power Plant (VPP) as well as an Independent Power Producer (IPP) and an Energy Supplier. mPrest’s DERMS was chosen by Doral Energy to manage and optimize its distributed solar and storage assets profits. Doral Energy, a developer and owner of hundreds of profitable renewable energy projects, is licensed as an IPP and VPP. It requires a sophisticated platform to forecast and optimize its load, storage, and generation. Doral Energy seeks to enhance its profits in trading with the energy market and its corporate customers.
Doral’s advanced integration of solar energy and storage technologies provides a sustainable and efficient way to meet the growing demand for clean energy, while playing a crucial role in enhancing grid stability and resilience. Natan Barak, mPrest’s CEO, stated that “mPrest’s DERMS was designed as a dynamic grid-aware enterprise DERMS for Distribution Network Operators and Distribution System Operators. After gaining global recognition in the DNO/DSO world, we expanded our mDERMS capabilities to cover Behind the Meter edge requirements, critical to VPPs and aggregators as well. We are, therefore, honored to partner with Doral Energy in optimizing their energy trading profits.”
Doral is committed to a cleaner and sustainable future. Their solar and storage VPPs represent a significant milestone in their journey towards a greener world and the goal of reaching carbon neutrality by 2030. Shay Dolev, the Head of Energy Commerce at Doral, expressed that “By combining solar energy and cutting-edge storage technologies, we are not only optimizing energy production but also contributing to grid stability and resiliency”. Ron Halpern, mPrest Chief Commercial Officer, also stated that “Distributed Energy Resources (DERs) play a critical role in our modern world. Extending our centralized distribution-focused DERMS to also act as an edge DERMS is a testament to our commitment to driving innovation in the energy sector.”
Leveraging its unparalleled experience and expertise in real-time mission-critical command and control software, mPrest has developed the world-leading distributed asset orchestration and optimization software. mPrest’s micro-services based, real-time orchestration, and optimization platform brings the power of AI and IoT to the digital transformation of the energy and other industrial IOT markets. mPrest’s applications suite, including Distributed Energy Resources Management Systems (DERMS) and Asset Health Management (AHM) are deployed on premise or in the cloud in record time in the most forward-looking and efficient organizations worldwide, including some of the world’s largest energy companies.
Doral Group is a global leader in renewable energy, operating since 2007. The company holds hundreds of profitable solar projects and is currently building hundreds of additional megawatts with 2.3 gigawatt-hours of storage facilities. Doral operates in Israel, Europe, and the United States, and currently has a backlog of projects of approximately 15.2 gigawatts (DC) and 12.3 gigawatt hours of storage worldwide. The company is listed on the Tel Aviv Stock Exchange and is part of the Tel Aviv-125 index.
mPrest and Doral Energy are excited to work together to optimize clean energy generation and trading with mPrest’s advanced mDERMS platform. For more information, visit the respective websites of mPrest and Doral to learn more.
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