The common theme with energy storage mechanisms is that the better compute and software get, the less overall storage you’re eventually going to need. Breaking Energy participants stay ahead of breaking news, participate in high-profile events and enjoy access to the central hub of the industry community as it transforms in response to fast-moving changes in energy politics and regulation, deals with financial challenges and leads technological advances. We are maniacally focused on cost reduction and seek to reduce costs such that we can offer solar at discounts to utility rates,” Bass said.īreaking Energy provides access to news, analysis, thought leadership, reference materials and discussions about the day’s most important energy market trends. An extension would make sense, but it’s hard to say what will happen if it expires. ![]() ![]() “We certainly think potential ITC expiration is going to drive demand. The ITC is only authorized at 30 percent through 2016 and is scheduled to fall to 10 percent thereafter for non-residential systems. The investment tax credit for solar is also due to wind down in the coming years, which injects a fair amount of uncertainty into solar businesses. With regard to the broader US solar market, Bass said the commercial sector is “lumpy,” but he expects there will be more commercial solar development in 2015 than there was last year. SolarCity has received interest from a few municipalities and Patwa specifically mentioned New York, where a new regulatory framework dubbed “ Reforming Energy Vision” provides funding for microgrids at critical facilities. The solution would provide resiliency for outages, but day- to-day it can help manage renewable energy loads by storing power off peak when electricity is cheaper and releasing it during more expensive peak load periods. There is also a demand response component. The microgrids will use new lithium-ion Tesla batteries and can be scalable by installing larger or smaller battery banks. “Cost will vary depending on customer needs and the degree to which they want to use renewable energy,” explained Patwa. We have a pay-as-you-go model that can offer these services more affordably,” said Jonathan Bass, VP of Communications. Historically, these have been major complex projects that can be cost prohibitive for lots of organizations and communities. “It’s interoperable with the grid but can also be islanded. SolarCity has traditionally installed microgirds on campuses like those containing medical facilities and military bases, but they see a gap at municipality level. Product Manager for Grid Engineering Solutions told Breaking Energy. SolarCity is offering a comprehensive solution – from design, installation, commissioning and service – along with maintenance, Daidipya Patwa, the company’s Sr. ![]() SolarCity is going after the commercial market, targeting municipalities, which is a segment the company views as underserved.Įxtreme weather events have been increasingly disruptive for municipalities in recent years. US solar giant SolarCity recently announced the launch of a microgrid product with built in energy storage capability. (Photo by Jerod Harris/Getty Images for DIRECTV) Solar City CEO Lyndon Rive attends the DIRECTV CBC Solar Groundbreaking event with Solar City on Main Long Beach, California.
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