The leading renewable energy company SunEdison is partnering with the commercial energy storage provider Green Charge Networks to provide a solar plus energy storage system to the utility company Silicon Valley Power, according to recent reports.
The deal involving Silicon Valley Power is apparently part of a broader “ongoing strategic partnership” between the two companies — one intended to provide “additional electricity savings to commercial and municipal customers throughout California”.
The combination of renewable generation (via solar photovoltaic panels) and energy storage allows customers of the two companies to cut down on utility bills rather substantially — especially considering the way that electricity bills are structured in California, with demand charges and energy charges for commercial and municipal customers being specified.
“Solar plus energy storage is a great way for California customers to realize immediate savings,” stated Tim Derrick, SunEdison general manager of Advanced Solutions. “Demand charges in California can account for as much as 50% of a commercial or municipal customer’s electricity bill. By partnering with Green Charge, we’re able to deliver a complete solution and address our customers’ total energy bill.”
“Partnering with SunEdison and adding behind-the-meter storage, has created a one-stop-solution for commercial and municipal customers to holistically evaluate both their energy and power use,” noted Vic Shao, CEO of Green Charge Networks.
As noted above, the municipal utility Silicon Valley Power is the first customer of the partnership — with that solar plus storage system now located at the Tasman Drive parking structure near the football stadium. That system has to-date generated more than 1.18 gigawatt-hours (GWh) of electricity, as well as displacing roughly 2 million pounds of CO2 emissions.
“We are proud to have an intelligent energy storage system combined with an EV fast-charger at our Tasman Garage across from the stadium,” noted John Roukema, the utility director of Silicon Valley Power. “This system has been in operation for more than 9 months and was installed with no upfront costs to the utility.”
Image Credit: SunEdison