This Pason Power tool simplifies energy storage economic modeling

Pason Power Storage system

A new tool enabling the solar and energy storage industries to deploy with confidence is now available via Pason Power. The Storage Architect modeling software for energy storage project development puts economics first by forecasting a project’s economic value with the same optimization algorithm that runs autonomous energy storage systems in the field. With Storage Architect, Pason Power believes it can significantly reduce the risks to asset owners, installers, and financiers of overbuilding or underbuilding systems.

“With our platform, you don’t have to be a data scientist to get your solar plus storage projects from pencil-out to power-on,” said Bryce Evans, Success Manager at Pason Power. “Storage Architect gives energy project developers a precise projection of how much storage a site will require, what the payback period will be, and what the net present value of the system is. This enables energy project developers to zero-in on opportunities and deploy storage and solar plus storage projects with confidence.”

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Meet Pason Power

Pason Power Storage

Storage Architect is powered by an advanced machine learning platform built by a company with a legacy of over 24 years in the management and security of energy data. Pason Power is backed by its parent company, Pason Systems Inc., and leverages robust, industrial technology which has provided data acquisition and management for over 600,000 drilling sites worldwide, representing over $1 trillion in drilling operations globally. Pason enjoys one of the strongest balance sheets in the industry and has a 40-year track record of adding value through energy data.

“A major hurdle solar and storage installers face in project and proposal design is the inconsistency between the benefits that estimation tools predict customers will see from their renewable energy and storage projects, and how the completed systems actually perform in the field,” said Brent Harris, CTO of energy storage manufacturer Eguana Technologies Inc. “Pason Power offers a platform for storage estimation and operations that is powered by the same underlying analytics engine, which enables installers to present the cost and performance of several installation options to their customers with confidence.”

Storage Architect puts the power of advanced battery optimization and control algorithms into the hands of system integrators, project developers, as well as energy sustainability and efficiency consultants; enabling users to identify the economic viability of energy storage systems to perform demand charge management in concert with renewable energy generation. Upon system commissioning, the project configuration developed in Storage Architect is transferred to the advanced energy storage system providing a seamless transition from pencil-out to power-on.

— Solar Builder magazine

New York to fund $40 million in solar + storage projects

New York Governor Andrew M. Cuomo is making $40 million in funding available to support solar projects that integrate energy storage, accelerating progress toward New York’s energy storage target of 1,500-megawatts by 2025. These projects will build toward Governor Cuomo’s mandate that 50 percent of the state’s electricity come from renewable sources by 2030 to combat climate change and build a cleaner, more resilient and affordable energy system.

“As we continue our aggressive pursuit of clean, renewable technologies, funding for projects like this will ensure New York remains at the forefront of the global fight against climate change,” Governor Cuomo said. “The strategic pairing of energy storage and solar technologies moves us closer to building a clean energy economy that protects critical natural resources and benefits all New Yorkers.”

These funds will be the first storage incentive funds made available since the release of the New York State Energy Storage Roadmap in June. By offering a new incentive for solar-plus-storage projects for the commercial and industrial sectors, including community solar gardens, the storage component will ensure that renewable energy is shifted to times of highest customer usage, such as afternoon hours on summer days. Solar-plus-storage helps reduce consumer energy bills and improves the value of renewable energy to the grid. In addition, paired solar and storage systems can deliver lower costs to consumers by taking advantage of expiring federal tax credits, combining the permitting and interconnection processes, and utilizing less space by co-locating on the same sites.

— Solar Builder magazine

SolarEdge acquires stake in South Korea lithium-ion battery cell provider

 

SolarEdge

SolarEdge Technologies Inc. keeps preparing for the solar + storage energy future, entering into definitive agreements to acquire a majority stake in Kokam Co. Ltd. Headquartered in South Korea and founded in 1989, Kokam is a provider of lithium-ion battery cells, batteries and energy storage solutions. SolarEdge develops “smart energy solutions,” including a DC-optimized PV inverter solution.

“The acquisition of Kokam will enable us to grow our offering, adding already proven battery storage to our product portfolio,” says Guy Sella, CEO, chairman and founder of SolarEdge. “Our technological innovation, combined with Kokam’s world-class team and renowned battery storage solutions, will enable seamless integration with our current solutions, taking us a further step toward making solar installations smarter and more beneficial.”

The acquisition of approximately 75% of outstanding equity shares of Kokam reflects an aggregate investment of approximately $88 million, including related transaction expenses. The transaction is subject to customary closing conditions and is expected to close in the coming weeks.

Over time, SolarEdge intends to purchase the remaining outstanding equity shares of Kokam, resulting in Kokam’s becoming a wholly owned subsidiary of SolarEdge.

— Solar Builder magazine

California Gov. signs bills to incentivize energy storage installation

california energy storage

California Governor Jerry Brown signed into law SB 700 by Senator Scott Wiener (D-SF) keeping California in the driver’s seat of building a reliable and safe clean energy future.

“If we are going to get to 100% clean energy, we need to be using solar power every hour of the day, not just when the sun is shining,” said Senator Scott Wiener, author of SB 700. “This bill will protect clean energy jobs while also protecting consumers from ever rising energy bills.”

SB 700 will make the “sun shine at night” through the addition of hundreds of thousands of energy storage devices and batteries connected to hundreds of thousands of solar panels over the next 8-10 years. Energy storage is a critical technological partner in the widescale deployment of renewable energy. SB 700 will result in nearly three gigawatts of energy storage systems at schools, farms, homes, nonprofits and businesses in California by 2026 that will benefit consumers, ratepayers and the environment. The resulting program would be on par with the highly successful Million Solar Roofs Initiative launched back in 2006.

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“By signing this bill, the governor is making the sun shine at night!” said Bernadette Del Chiaro, executive director of the California Solar and Storage Association, the 500-member clean energy business group that championed SB 700 for the past two years. ”Energy storage is critical to achieving our ambitious climate change goals by allowing massive deployment of solar energy and giving everyday consumers another reason to be green.”

SB 700 re-authorizes the Self-Generation Incentive Program (SGIP) for five years, extending rebates for consumers through 2025. It would add up to $800 million for storage and other emerging clean energy technologies, resulting in a total investment of $1.2 billion for customer sited energy storage. Boosting energy storage will help California achieve its goal of generating 100% of its electricity from renewable resources, as called for in SB 100 (de Leon), which was signed into law on September 10th. A summary of SB 700 with more details about the SGIP program can be found here.

The California solar and storage industry supports over 86,000 jobs, far more than the traditional utilities. These jobs are in jeopardy unless the storage market achieves the same mainstream success as solar, which saw an 80% decline in costs over the course of the 10-year incentive program and an astounding 20-fold increase in installed local solar energy systems.

“SB 700 provides clear and consistent policy that will drive down costs, expand access, and support job growth,” said Alex McDonough, Vice President of Public Policy for Sunrun, the nation’s largest residential solar, storage and energy services company. “Solar combined with batteries is a clean, reliable and affordable solution that can and should be available to all.”

SB 700 won broad, bipartisan support in the California legislature in August with a 25-12 vote in the Senate and a 57-18 vote in the Assembly. It was signed into law by Governor Jerry Brown on September 27, 2018. The new law will take effect January 1, 2019.

— Solar Builder magazine

SimpliPhi debuts new scalable energy storage unit to tailor project-specific voltage

 

simpliphi High Phi

Building on nearly a decade of successful manufacturing and global deployments of high performance batteries, SimpliPhi is introducing a dynamic and scalable PHI High Voltage energy storage solution for commercial and industrial applications that offers the ability to tailor voltage, capacity and power output for project-specific performance. It supports greater control and reliability without toxic coolants or thermal monitoring to achieve peak shaving, load shifting, emergency back-up and demand response functions.

PHI High Voltage stacks feature modular battery building blocks that can be sized and scaled and installed without heavy equipment, instead of the one-size-fits-all, large, cumbersome battery banks common in other C&I offerings. In addition, when a building, facility or campus requires multiple voltage, capacity and power output parameters at different locations, each PHI High Voltage system can be optimized for that location’s unique use case.

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“It’s a dynamic, modular system that can be built-to-suit each project,” says SimpliPhi CEO Catherine Von Burg. “When commercial property owners and managers are able to tailor a storage solution to a project’s requirements, they realize stronger financial returns and performance. As their project partner, it’s important to us to provide solutions that deliver the outcomes they consider most important.”

At SPI, the company will also debuted the newest addition to its mobile product line: The ExprESS. Like its highly sought-after predecessor the PowerBank, ExprESS is a battery-powered AC generator and Uninterruptible Power Supply (UPS) that stores electricity for use when power from the grid is unavailable or intermittent, including during emergencies and blackout scenarios. Fully charged, the ExprESS offers either 5.4 kWh/24V or 7 kWh/48V — a sufficient reserve to operate computers, appliances, AV equipment, refrigerators, power tools, fans, electric blankets and medical equipment for hours or days at a time. Because it is enclosed in a NEMA-3 rated cabinet on wheels, ExprESS can be deployed inside or outside in a wide variety of commercial and emergency use cases.

— Solar Builder magazine