Published on May 17th, 2017 | by Joshua S Hill0
8minutenergy Expands Into Energy Storage Market With A 1 Gigawatt Pipeline
May 17th, 2017 by Joshua S Hill
8minutenergy, the leading independent solar PV developer in the United States, has announced this week that it is expanding into the energy storage market, and it comes with a 1 gigawatt project pipeline already in place.
Announced on Tuesday, 8minutenergy revealed that it would be expanding into the US energy storage market, focusing on standalone storage, as well as solar PV and storage systems. The company also announced that it makes the transition from solar to solar and energy storage company with an impressive 1 gigawatt (GW) project pipeline already in place.
8minutenergy will focus on key solar markets such as California — where the company already has assets worth 700 megawatts (MW) — and growing markets such as Texas and the Southeast.
“Utilities and corporations nationwide are looking for reliable, cost-competitive clean energy solutions. Solar PV and energy storage are poised to meet this demand while delivering strong returns,” said Steve McKenery, 8minutenergy’s Vice President of Storage Solutions. “Not only can storage improve project economics, but it can also make renewable power dispatchable — that’s a clear win for the future of clean energy.”
“Having worked closely with the largest utilities in America for the past few decades allows us to uniquely understand our customers’ needs and system requirements,” added 8minutenergy’s Vice President of Storage Integration, Carl Stills. “We are working on storage solutions that are already cost-competitive across the board, improve energy yield, and maximize renewable incentives. Now with fully dispatchable renewable energy, we can complement any existing utility portfolio.”