The storage market right now is being compared to how the solar market felt back in 2006. Unlike the solar market, however, storage has the opportunity to ramp up much faster — thanks to the maturity of the solar industry. Solar companies have taken note of this and are attempting to get ahead of the curve by partnering with storage companies to offer package deals. SolarCity, for example, has already done this with Tesla.
SunPower is now jumping on the bandwagon by partnering with Sunverge Energy. Together they will offer SunPower’s fully integrated solar PV systems and Sunverge’s advanced Solar Integration System (SIS) energy storage solutions to residential customers and utilities in the U.S. The two companies are providing a similar offering to Australian customers. SunPower and Sunverge expect to make combined solar and storage solutions broadly commercially available in early 2015.
“Over the next five years, we expect to see a disruptive shift in the energy market, with solar power, energy storage, smart devices, energy management technologies, and electric vehicles being combined,” said SunPower CEO Tom Werner. “As we join Sunverge’s adaptable and reliable storage solutions with SunPower’s high performance solar technology, we’re giving consumers a ‘Smart Energy’ solution that will deliver unprecedented levels of personalization, value, and control. Providing this integrated solution to utilities allows them to access the benefits of rooftop solar and storage at significant scale.”
“Sunverge is a leader in the distributed energy storage market, with customers and projects around the world and hundreds of systems in production operating to the highest standards of performance, reliability, and safety,” said Sunverge CEO Ken Munson. “Our unique hardware and software platform allows customers to bundle solar, energy storage, and other distributed resources, and manage them as a fleet to enhance the long-term value of their energy investments.”
“Together with SunPower, we can deliver an ‘end-to-end’ solar and storage solution that bundles services from design and installation to monitoring, support, and beyond,” Munson continued. “This solution offers tremendous benefits on both sides of the meter, from more reliable and cost-effective energy for the consumer to enhanced grid-management and ancillary services capabilities for utilities. No other comparable market offering provides this kind of depth and breadth of service and value to consumers and utilities.”