REAP’s solar power storage system could benefit from new California solar mandateAugust 15, 2018
The new mandate could be advantageous for REAP’s Power Stac VRFB.
Renewable Energy and Power (REAP) could provide the perfect solar power storage solution for California’s new solar mandate. The company has announced the expansion of marketing activity for its Power Stac vanadium redox flow battery (VRFB) power storage system, according to a news release published on Global Newswire.
California is making residential solar energy mandatory for certain new buildings and renovations.
The state has mandated that by 2020, all new houses and multi-family residences of three stories or less, as well as all major renovations, are required to be built with solar panels. Other states are expected to follow.
As such, the demand for solar power storage is likely to skyrocket in the coming years. With exponential growth all but certain, REAP is likely to benefit as the company’s Power Stac vanadium redux flow battery will be a natural system of choice.
The VRFBs are ideal for solar power storage applications.
The reason these batteries are the perfect solution is that they are capable to fully cycle and stay at a 0% state of charge. This works well for storing solar power because the battery must be able to start each day empty and fill up depending upon the weather and load.
Furthermore, Power Stac can last for 10,000 cycles without suffering significant degradation. To put this into greater perspective, this is about equal to 25 years of storage, which matches the lifespan of wind turbines and solar panels.
The batteries can store the excess solar power generated from solar panels each day for use at night, which is far more sensible and cost-effective compared to selling back the excess energy to the utility.
The reason is that when the excess energy is sold back to the utility, most users are billed several thousands of dollars at the end of the year after the amount sold back to the utility and the user’s use of power is recalculated. However, the Power Stac storage of the generated solar energy for use at night prevents this problem, which results in significantly higher savings for using solar panels.
“The added value and sophistication of our cost saving energy storage system makes it a natural for residential and commercial solar power generation,” stated REAP CEO Donald MacIntyre in the PR.
“The quickly expanding commercial grower’s market is just one of the areas where Power Stac will prove to be an ideal solution to the need to store the generated power.”
In addition to cost, this solar power storage system is also likely to help improve working environment and productivity.