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Panasonic + Power-One = PV Storage Solution?

02/07/13

  07:20:00 am, by Jim Jenal - Founder & CEO   , 189 words  
Categories: Solar Economics, Solar News, Commercial Solar, Energy Storage

Panasonic + Power-One = PV Storage Solution?

solar storageWe have written before about how the addition of inexpensive storage solutions is the next step in solar system development.  The ability to “smooth-out” the power production curve - or even the ability to shift output to more profitable delivery hours (such as under the LADWP’s Feed-in Tariff’s Time of Delivery multipliers) - will be a huge step forward toward allowing solar to finally meet its potential.  Now we hear that two industry giants are pairing up to provide that solution: inverter manufacturer Power-One and battery manufacturer Panasonic.

Details are few, but there is this from the parties’ press release:

Initial efforts will focus on developing the residential, commercial and utility-scale, grid-connected, energy storage systems business in Europe and the U.S. as well as the non-residential segment in Japan.

Unstated is when such a product will actually be introduced or any of its particulars, most notably, its cost.  Still, this is a promising development for an industry that still struggles to shed its image of just being a “fair weather friend."  Indeed, one source estimates the market for solar storage technology will exceed $11 billion by 2020 worldwide.  We will keep you posted.

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Jim Jenal is the Founder & CEO of Run on Sun, Pasadena's premier installer and integrator of top-of-the-line solar power installations.
In addition, Run on Sun offers solar consulting services, working with consumers, utilities and municipalities to help them make solar power affordable and reliable.

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