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Blog

Yet Another Solar Plus Storage Story

February 18, 2019 No comments yet

Much has been written on this site concerning the significant near term potential for solar plus storage applications.

This post goes beyond the hypothetical as we look into the contract that the leading U.S. solar panel installer has recently won to implement a major solar plus energy storage project.

According to a recent PV magazine article, SunRun won a bid to construct a 20 MW solar plus storage system for ISO New England’s 2022-2023 Forward Capacity Market. The system will be required to offer that 20 MW of power to the grid 24 hours a day for one year. It will be paid $3.80/kW/month or $76,000/month or $912,000 for the year.

Called Brightbox, Sunrun’s energy storage system is a battery product made by South Korea’s LG Chem RESU company. Their residential systems come in three different sizes – 3.3 kWh, 6.5 kWh, and 9.8 kWh. SunRun is planning on doing about 5,000 installs to meet their requirements.

SunRun’s system will only cover one-tenth of one percent of the total market, as the total capacity that qualified for the auction was 43 GW.

As important as it is for a project like this to prove its effectiveness, the legal environment must also be favorable moving forward. There’s positive signs of this as there has been recent legislative victories concerning energy storage in both Massachusetts and California.

There’s reason for optimism here for at least two reasons. First off, the forces that promote and support a free market system in the U.S. should prevail in the end, allowing for other energy producers to compete with established utilities. Secondly, distributed solar plus storage developments will lessen the need of major utilities to construct new power plants thereby saving them considerable capital expenditures.

This energy storage story will be followed up by many more as we are merely witnessing the infancy of this new arrival to the marketplace. Prices for batteries will continue to fall, grid integration will improve, and new legislation will pave the way for considerably more energy storage capacity.

  • energy storage
  • Solar plus storage
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Blog

Apple To Use Tesla Batteries At Solar Plant

April 5, 2021 No comments yet

Apple has recently announced that it is planning a large battery installation project at its solar farm in Northern California. The solar farm is called The California Flats Solar Project. It’s located in southeastern Monterey County. Built by a subsidiary of First Solar, this solar power plant boasts an impressive size of 280 Megawatts and […]

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2020 Will Be A Record Year For Solar

January 24, 2020 No comments yet

The Energy Information Administration (EIA) is predicting a stellar year for solar power in 2020. A total of 24 Gigawatts of solar is expected to come online by the end of the year, according to the US Department of Energy’s EIA. This is impressively 60 percent more than 2016’s record year (15 GW). While the […]

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Plans Announced For Large Battery Project In New York

October 21, 2019 No comments yet

New York City has just announced plans to replace 2 natural gas plants in Queens with lithium ion battery storage. In another PV Magazine inspired post, we will take another look at the importance of energy storage in our completely renewable energy future. The Ravenswood Energy Storage Project will be a 316 MW facility capable […]

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