Grid stability, battery safety and blackout prevention
Solar-storage solutions can act as sunshine insurance, allowing stored power to be dispensed when power demand is high (and accompanied by higher prices) and solar generation is low. Aided by these smart technologies, unified solar and storage can also help prevent blackouts, an issue seen from Australia to California, Lebanon to South Africa.
Price arbitrage and grid-services
Storage also unlocks a “buy-low / sell-high” opportunity for businesses to use cheap energy when demand and prices peak. Furthermore, these assets can provide grid services such as dynamic containment – keeping the frequency within a certain range – thereby bringing new and material new revenues to owners.
Mitigating the risk of yield compression and increasing battery safety
The power couple of solar-plus-storage represents an elegant way to overcome yield and profit compression (also known as “solar capture rate”), which is the continuous reduction in energy price when the sun is shining and more solar assets enter the market. Furthermore, smart technologies onboard the power couple strengthen battery safety by continuously monitoring and optimising operational parameters for greatest reliability and yield.
Cost savings and additional revenue streams through solar-plus-storage
Solar-plus-storage increases the ROI of renewables projects by reducing part of the capital outlay required – that is fewer panels required for same revenue – while bringing new revenue streams online through the provision of grid services mentioned above.
If you have any requirements or any kind of query regarding the Energy storage solutions for your desired applications, feel free to communicate with our dedicated team at any time at marketing@everexceed.com.
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