Solar energy coupled with battery storage has emerged as a transformative force in the clean energy landscape. In this blog post, we will explore the key benefits of co-deploying solar and storage technologies, as highlighted in Stem University’s new course, Solar+Storage.
Unlocking the Potential: Solar+Storage
The marriage of solar power and energy storage presents a compelling solution for businesses, developers, and utilities seeking clean energy at stable costs. Energy storage is a necessary companion to solar, enabling the flexible use of solar-generated energy and addressing evolving power needs. With storage, providers can strategically store and deploy the energy generated by their solar arrays, creating a balanced and reliable electricity grid.
Benefits of Co-Deployment
Co-deployment refers to integrating storage systems with solar energy generation, combining them in a single project. Co-deployment offers several benefits that contribute to the advancement of clean energy solutions:
Enhanced flexibility is achieved by allowing stored energy to be utilized at any time, not just when it is generated. This flexibility is invaluable for entities such as hospitals and data centers that require a continuous power supply.
Pairing storage with solar creates value and self-sufficiency by enabling sites to choose when to consume the energy they produce, reducing dependence on fluctuating utility prices. Co-deployment can also protect against regulatory changes and preserve financial returns on clean energy investments.
Optimal project economics are achieved by combining solar and storage to leverage multiple incentives in federal tax code and state rebate programs. Favorable conditions for co-deployments can be found in top solar+storage markets such as California, Texas, PJM, Massachusetts, and Hawaii.
The success of solar+storage projects often relies on advanced software solutions like Stem’s Athena®. Serving as a central hub, Athena optimizes energy use by managing multiple renewable sources and electric vehicle charging stations, among other functionalities. It ensures seamless integration and unlocks the full potential of solar+storage systems.
Enroll in Stem University Today
The combination of solar energy and battery storage is revolutionizing the energy sector, enabling a cleaner and more reliable electricity grid. Co-deploying these technologies allows for flexible energy use, optimal project economics, and greater financial returns. Enroll in Stem University and join the ranks of those shaping a sustainable future powered by solar+storage.