Energy innovation: Delivering the smart grid of the future, today

Have you ever met with the ideal solar prospect and been confident the deal would close but it didn’t? Are you interested in learning specific strategies that can be quickly applied to help you improve your closing rate on residential solar sales? If so, we have advice on best practices from expert industry sales professionals who have sold millions of dollars’ worth of solar, giving you some of their best tips.This webinar will explore tangible strategies to improve your residential solar sales process and generate more revenue, with insights for both inside and outside sales roles.

The island of Ta’u in the U.S. territory of American Samoa relied heavily on diesel generation to meet its electricity needs until a solar+storage microgrid was installed in 2016. Now, instead of burning through 300 gallons of imported diesel fuel every day, the island’s homes and businesses are almost entirely powered by solar+storage. The 1.4-megawatt PV and 6-megawatt-hour storage system developed by SolarCity can power the entire island for 3 days without sunlight and fully recharge in seven hours, ending the threat of fuel shortages, power rationing, and outages. The solar microgrid is operated by American Samoa Power Authority and was partially funded by the U.S. Environmental Protection Agency. Read a profile of this installation here.

The installation of battery energy storage in behind-the-meter applications is poised for exponential growth over the next few years. Batteries can be combined with solar to form grid-connected microgrids meaning that these assets can be used for economic benefit when the grid is operating and then provide resiliency during grid outages. The key to making such hybrid systems economically viable is to stack revenue from multiple applications, such as peak demand charge reduction, energy arbitrage, providing ancillary services to the grid, and participating in demand response programs, among others.

This webinar is specifically tailored for investors and financiers, both public and private, who are interested in finding more opportunities in renewable energy sector in developing countries. During the webinar IRENA will showcase how the marketplace works, how to identify investment opportunities according to specific investment criteria, how IRENA and its partner institutions can facilitate the contacts and project development, and how to use other relevant information, tools and databases available on the marketplace.