3 Factors Driving the Marriage of Solar and Energy Storage

By Martin LaMonica, GreenTechGrid, Oct 25

Original article available here.

 

Although it makes little sense to add pricey batteries to expensive solar power systems seems, a solar-powered microgrid demonstrates the potential of coupling big batteries with commercial solar. Last week, the state of Maryland revealed its first solar-powered microgrid. The installed battery equipment is expected to keep a steady balance between supply and demand, which generates a revenue stream. Here are some factors why the combination of solar and storage can possible become a desirable solution for both customers and installers. 

Factor 1: Technology

Technology is readily available due to invesments in auto and battery industries. Advances in inverter technology are also a significant development.

Factor 2: Financing 

Economics can make sense, given government funds and sustainability-oriented funds. 

Factor 3: Solar Installers

Solar installers want storage for technical reasons.

Of course, there are challenges. Still the combination is in an initial stage and the contract is complex.