Each year power outages cost commercial and industrial businesses tens of billions of dollars in lost productivity. Of the over 3,500 power outages nationwide last year — two thirds of which lasted under 5 minutes — deploying energy storage systems capable of seamless transition to backup power could save American businesses tens of billions of dollars each year.
With soft costs representing nearly two-thirds of solar costs today in the commercial, residential, and utility sectors, the effects of early adoption of these marketplaces is wide-sweeping and may represent the largest opportunity in 2017 for all members of the supply chain
Until recently, the price differential between three phase string inverters and central inverters was so large that the decision to use central inverters in utility scale solar systems was straightforward.
Traditional models of operating and maintaining electrical generating assets converting fuels such as natural gas, coal or nuclear don’t necessarily work to meet the current and expected financial demands of utility scale solar.