STRATEGY AND BEST PRACTICES,INDUSTRY UPDATES
Stem | November 04, 2022
Stem (NYSE: STEM), a global leader in AI-driven clean energy solutions and services, today announced that Frost & Sullivan ranked Stem as the Leader in Innovation in the Frost Radar™: Digital Platforms for Renewable Energy and Battery Storage Optimization and Trading report. The report attributed Stem’s ranking to the combination of Athena, Stem’s clean energy optimization platform, PowerTrack, its industry-leading solar monitor and controls application, and the company’s expertise in front-of-the-meter (FTM) technology and optimization.“Stem is a notable pioneer in BTM analytics and asset optimization and leveraged its expertise, credibility, and AI platform, Athena, to enter the FTM market in 2019. Its cloud-native SaaS platform leverages AI and continuous machine learning with fully automated model selection to constantly improve the results of its optimization, forecasting and automated energy trading. Stem’s team of energy specialists supports the entire value chain and provides insights on how projects can capture more returns given market dynamics across jurisdictions. With a continued focus on product leadership and customer value, Stem is well positioned to continue consolidating its FTM market leadership position, reported Frost & Sullivan.
Frost & Sullivan forecasts global grid-scale battery storage systems to expand rapidly in the coming years, reaching 260 gigawatts (GW) by 2030 at a compound annual growth rate of 34% from 2021. As the energy transition advances and power generation portfolios and market rules become more sophisticated, customers are expected to increasingly require machine-driven forecasting and optimization and trading algorithms to maximize revenues, reduce carbon impacts, and provide energy resilience.
“Stem is honored to be recognized as an Innovation Leader by Frost & Sullivan, a leading global research and growth consulting firm — a testament to the decade of work Stem has invested in delivering optimized operational and economic value to our customers, With dozens of gigawatts of renewable energy assets under management in more than 50 countries worldwide, Stem has the expertise to continuously monitor evolving market needs and the data to translate that into value-added solutions for our customers’ clean energy assets and portfolios.”
-Larsh Johnson, Chief Technology Officer at Stem.
For the report, Frost & Sullivan independently evaluated Stem as a “market powerhouse” along with 10 other companies offering battery storage and renewable energy trading and optimization services. Per Frost & Sullivan, the companies evaluated exhibit a genuine commitment to decarbonization by unlocking the untapped value of battery storage and helping accelerate the energy transition. The report’s Innovation Index specifically measured a company’s ability to develop products, services, or solutions (with a clear understanding of disruptive Mega Trends) that are globally applicable, are able to evolve and expand to serve multiple markets, and are aligned to customers’ changing needs. The report can be accessed at https://www.stem.com/frost-sullivan-radar-report/.
Stem (NYSE: STEM) provides clean energy solutions and services designed to maximize the economic, environmental, and resiliency value of energy assets and portfolios. Stem’s leading AI-driven enterprise software platform, Athena®, enables organizations to deploy and unlock value from clean energy assets at scale. Powerful applications, including AlsoEnergy’s PowerTrack, simplify and optimize asset management and connect an ecosystem of owners, developers, assets, and markets. Stem also offers integrated partner solutions to help improve returns across energy projects, including storage, solar, and EV fleet charging. For more information, visit www.stem.com.
Standard Solar, Inc., | October 21, 2022
Standard Solar, Inc., a recognized leader in the development, funding, ownership and operation of commercial and community solar assets, is expanding its community solar portfolio in Rhode Island with the acquisition of a combined 6.2 megawatts of projects from Trina Solar.The two ground-mount community solar projects - West Main 1 and West Main 2 - developed by Trina Solar are located in Portsmouth. Rhode Island has some of the highest electricity prices in the country, and they are expected to continue to increase. These new projects will allow subscribers - a mix of state agencies, quasi-state agencies, municipalities, public housing authorities, public schools, private schools, non-profits, federal government and hospitals - in the National Grid service territory to benefit from clean energy savings by offsetting their electricity bills with solar energy.
All the power generated will be subscribed utilizing the state’s Virtual Net Metering program.
“Partnerships in this industry are critical to delivering successful solar projects, We’re honored to be a trusted development partner of Trina’s, particularly in helping Rhode Island grow its clean energy footprint, and look forward to growing our mutually beneficial relationship as our company launches its next growth phase.”
-Michael Streams, Standard Solar’s Chief Development Officer
We are very happy to get the chance to collaborate with Standard Solar, one of the fastest growing developers and operators of community solar, said from Linhui Sui, President of Trina Solar International Solar System Business Unit (“Trina ISBU”). We are committed to developing similar systems to expand broader customer access for local, clean, and affordable community solar.
These projects will contribute to achieving Rhode Island’s first-in-the-nation goal to meet 100% of the state’s electricity demand with renewable energy by 2030. In addition to accelerating clean energy supply, the projects will generate new long-term investment, savings and job growth opportunities across the economy.
Combined, the arrays are expected to produce approximately 8,600 MWh of clean energy annually, which is equivalent to offsetting the CO2 emissions from 4,134,853 pounds of coal burned, charging 454,600,730 smartphones or 727 homes' electricity use for one year.
About Standard Solar
Standard Solar, a Brookfield Renewable company, is powering the nation’s energy transformation – channeling its project development capabilities, financial strength and technical expertise to deliver the benefits of solar, as well as solar + storage, to businesses, institutions, farms, governments, communities and utilities. Building on 18 years of sustainable growth and in-house and tax equity investment capital, Standard Solar is a national leader in the development, funding and long-term ownership and operation of commercial and community solar assets. Recognized as an established financial partner with immediate, deep resources, the company owns and operates more than 300 megawatts of solar across the United States. Standard Solar is based in Rockville, Md. Learn more at standardsolar.com, LinkedIn and Twitter: @StandardSolar. For project acquisition and development inquiries, contact John Finnerty, Director of Project Development, 240-479-1519, firstname.lastname@example.org and on LinkedIn.
About Trina ISBU
Trina ISBU, a business unit of Trina Solar, is a utility-scale global solar power and battery storage solutions developer for international market. With more than 15 years’ professional experiences and track records in project development, financing, EPC and O&M, Trina ISBU is committed to be a global leader in the development and management of smart renewable energy solutions, and creating value for local stake holders and international investors. We are active in more than 20 countries and areas, including but not limited to USA, UK, Italy, France, Greece, Spain, Japan, Colombia, Mexico, Chile, Peru, Australia, South Korea, Vietnam, Malaysia, Philippines, Cambodia, Brazil, Poland, Germany, Hungary, Croatia. Contact us: email@example.com
Renogy | November 08, 2022
Renogy, a leader in renewable solar energy products, will be exhibiting the REGO Series and Renogy ONE, their newest solar power solutions for mobile and off-grid living, at the RV Dealers Association (RVDA) Convention & Expo at Caesars Palace in Las Vegas.
"Solar should not be intimidating, and anyone should be able to make the switch, regardless of their experience, More and more people are realizing the benefits of generating and controlling their own power supply and REGO makes that simple. Whether you're on the go in a van or RV, REGO covers a range of off-grid power needs without wasting hours of installation time."
-Yi Li, CEO at Renogy.
We're excited that more people will finally be able to experience energy freedom and transition off-grid with such an easy-to-use line of products.
Specifically designed for mobile RV applications, the REGO Series is a true plug-and-play power system, where all of the components are made to work together seamlessly, saving users time and stress. REGO Series products make it easier than ever for anyone to add a solar power system to their van, RV or other mobile application, eliminating the hassle of researching multiple components and the complications of a faulty setup.
The complete REGO Series is comprised of the following individual components:
REGO 12V 60A MPPT Solar Charge Controller
REGO 12V 60A DC-DC Battery Charger
REGO 400Ah Lithium Iron Phosphate Battery
REGO 12V 3000W Inverter Charger Low Frequency
REGO 12V 3000W Inverter Charger High Frequency
REGO 3 Ports 400A Battery Combiner Box
REGO 4 Ports 400A System Combiner Box
10FT 6AWG Anderson Adapter Cable (Anderson Powerpole 75 - Ring Lug)
5FT 6AWG Anderson Adapter Cable (Anderson Powerpole 75 - Ring Lug)
5FT 3/0AWG Anderson Adapter Cable (Anderson SB350 - Ring Lug)
5FT 4/0AWG Anderson Adapter Cable (Anderson SB350 - Ring Lug)
Also available for demo is Renogy ONE, the first comprehensive touchscreen gateway on the market that can monitor and manage energy systems, while also enabling users to configure smart life scenarios via IoT. The entire REGO system can be controlled, optimized and even automated from the Renogy ONE central console, with Bluetooth capability providing users with the ability to control their system from anywhere using the DC Home App.
Renogy One works with all Renogy products including solar charge controllers, DCDC Chargers, inverters, battery storage, and Renogy's new flagship REGO series. This means users can monitor and control their system from one easy-to-use panel. In addition, they're also able to collect data and perform diagnostics across their systems with just a few taps.
For an up close look at REGO and Renogy One, guests are invited to visit Renogy at Booth #232 from November 7-11. Learn more on the Renogy website.
Renogy is a leader in solar and sustainable energy with a mission to dramatically accelerate the adoption of clean energy solutions for everyone around the globe. Renogy's all-in-one solutions are easy to choose, install and operate, and the company's solar panels, accessories, portable products, and batteries deliver more power for the best value on the market today. All so that more people can enjoy the benefits of clean, renewable energy at home, off-grid or on the move. Renogy's goal is to help 50 million people achieve energy independence by 2030, freeing them of the burden of harmful emissions, rising energy bills and disruptive power outages