ON Power, a subsidiary of Reykjavík Energy, has deployed a hybrid solar-plus-storage facility in Reykjavík to support electric vehicle charging infrastructure. The project, known as Peaker Plant, combines solar PV, a lithium-ion battery system, and fast chargers to reduce peak demand, improve grid stability, and lower operational costs. The system is testing dynamic control strategies and has shown promising results in aligning solar generation with charging demand, even during winter conditions. ON Power views the project as more than a pilot and believes hybrid energy hubs can play a meaningful role in optimizing grid interaction and operational economics, especially in countries like Iceland with limited solar capacity.