On December 12, 2017, Senior Energy Storage Analyst Dan Finn-Foley moderated a panel at Greentech Media's Energy Storage Summit, Crowdsourced Market Insights: Role of Energy Storage in Creating the Grid of the Future. This panel employed a unique structure where our experts on stage were asked to interpret and weigh in as 500 senior-level energy professional attendees answered live polling questions on the top themes in the market. This free download includes poll results and additional analysis from GTM Research.
The solar industry is evolving constantly, with an increasing number of strict requirements and standards being imposed on PV plants for 2018 and beyond. Some new standards, for instance, require the inverter either to have a wide range ride through capability or to provide special grid support functions, many of which have been hard to meet for some manufacturers. Sungrow, in response to new standards for 2017, released its grid support utility-interactive inverter, the SG2500U, for the next generation of utility scale PV plants. The SG2500U is the world’s first UL1741-SA certified utility-scale solar central inverter that is compliant with the latest standards required for North America.
California always seems to be at the center of innovation. When it comes to sustainable and renewable energy goals, it continues to deliver by leading the evolution of our nation’s energy mix away from finite sources that dominated the 20th century to the renewables that are poised to fuel our world today and in the future. Achieving the state’s ambitious renewable energy goals, however, involves changing the way California procures, distributes, and uses energy.
Conditions are changing faster than ever in electricity distribution markets throughout the U.S. Utilities are facing increasing pressure to maintain reliability, improve resiliency, integrate renewable generation, enhance customer options and services, and ensure sound financial performance—all at the same time.
Across the United States, Power Purchase Agreement (PPA) contracts are being signed at increasingly lower rates, making it challenging for solar asset owners to maintain a viable return on investment. This has increased the need for developers and owners to fully maximize energy production from photovoltaic (PV) panel systems to meet these competitive PPA targets.