Linking solar with energy storage and EV technologies

Published onJuly 30, 2020

Solar is booming globally and as costs come down and the technology approaches grid-parity, historically based government incentive models and subsidies are changing –particularly for the distributed generation (DG) rooftop market. But new technologies and capabilities of other distributed energy resources (DERs), such as battery energy storage systems, electric vehicles (EVs), and other smart energy technologies, are stepping into position for a net-zero energy future – providing opportunity to advance beyond the power structures of the past…The industry agrees that with lowered costs and dwindling state incentives for solar PV, energy digitization is paving the way forward. With the emergence of community microgrids and virtual power plants (VPPs) – the aggregation of assets such as solar PV, energy storage, and EVs on a cloud-based distributed power plant – combined with new technological megatrends such as 5G, IoT, and AI – will be the medium for the future energy transformation.