23 May 2017 2017 08:00 AM GMT

Mercedes-Benz Enters Energy Storage Market In US, Teaming Up With Vivint Solar

Mercedes-Benz Energy and Vivint Solar have announced an exclusive strategic collaboration to bring the Mercedes-Benz customizable home energy storage system to the United States. The two companies will introduce a joint offering that will provide customers with the German engineering and performance of Mercedes-Benz batteries coupled with Vivint Solar’s expertise in designing, installing and servicing solar energy systems.

For Vivint Solar, which has a proven track record of installing solar energy systems in more than 100,000 homes across the United States, this is the first collaboration to integrate batteries with its offering. This will also be Mercedes-Benz Energy’s first collaboration with a U.S. solar provider, bringing its premium, high-performance, road-tested technology for home use to the residential battery market. These storage systems are made to Mercedes-Benz quality standards and based on the same automotive-grade battery technology used in its electric and hybrid vehicles.

“As Mercedes-Benz electrifies its vehicle fleet, solar plus storage is essential to enable those vehicles to be powered by clean energy,” said Boris von Bormann, CEO of Mercedes-Benz Energy Americas, LLC. “With batteries featuring the best in automotive engineering from Mercedes-Benz, and high-quality solar energy systems from Vivint Solar, our solution allows customers to take the next step toward a sustainable energy future. The launch of our home battery system in Europe has been successful and we are thrilled to be working with Vivint Solar to bring a reliable and compelling solar plus storage offering to American homes.”

With energy storage to complement rooftop solar, Vivint Solar customers will be able to have more control over the renewable energy they generate. In addition to providing a backup power source if the grid goes down, the new combined solution may help customers reduce energy costs. For instance, in areas with time-of-use electricity rates, customers can store excess solar energy produced by the system during the day in the batteries and then consume it during periods of peak energy usage in the evening and at night when electricity rates are typically higher.

Each energy storage system will consist of modular 2.5 kWh batteries that can be combined to create a system as large as 20 kWh, making it easy to scale and tailor energy storage systems to individual customer profiles. Vivint Solar will customise each system based on the customer’s individual energy consumption needs, providing consumers with an important tool to help them manage their energy costs while utilising clean energy.

“The choice to work with Mercedes-Benz Energy, a world-class innovator in energy storage, was an easy one,” said David Bywater, CEO of Vivint Solar. “We believe their energy storage system is going to delight our customers and are impressed with their ambitious plans for the future. We look forward to bringing this innovative solution to consumers, beginning in our California markets, and to empowering greater renewable energy usage.”

“According to Parks Associates research, 79% of rooftop solar PV owners purchased their system to save money on electricity,” said Tom Kerber, director IoT strategy, at Parks Associates. “Adding storage is an obvious approach to improving the return on investment on a solar solution. Three-quarters of households view battery storage as an important addition to solar panels.”

California is the first U.S. market where Vivint Solar will offer this solution directly to homeowners. Beginning in Q2, new customers in California will be able to buy the offering outright or finance the purchase, either through one of the institutions, Vivint Solar has relationships with or their preferred lender.

Established in 2016, Mercedes-Benz Energy is a fully owned subsidiary of Daimler AG. Mercedes-Benz Energy offers innovative energy solutions to manage resources more efficiently and sustainably. The company is responsible for the development and distribution of stationary energy storage under the Mercedes-Benz brand. Using durable lithium-ion batteries produced in Germany, Mercedes-Benz Energy storage systems can optimise solar consumption, reduce expensive peak electric loads, provide backup power, and offer a variety of grid services. Based on the same automotive-grade battery technology used in Mercedes-Benz electric and plug-in hybrid vehicles, Mercedes-Benz Energy storage solutions meet the highest standards of quality, reliability, and safety.

Vivint Solar is a leading full-service residential solar provider in the United States. Offering integrated residential solar solutions for the entire customer lifecycle, Vivint Solar designs, installs, monitors and services the solar energy systems for its customers. In addition to being able to purchase a solar energy system outright, customers also benefit from Vivint Solar’s affordable, flexible financing options or power purchase agreements.

Image: Courtesy of Vivint Solar and Mercedes-Benz Energy

December 13th 2017
EDF Commissions 179 MW At Two Solar Power Plants In Nevada

Policy makers led by US Senator Harry Reid were present at a celebration formally recognising Switch Stations 1 and 2 solar power plants, with a combined generation capacity of 179 MWac, as fully commissioned and in commercial operation. Senator Reid stated “Less than a decade ago, Nevada’s solar energy landscape was nonexistent, but this commissioning helps fulfil the vision I had to make our state the leader in renewable energy development. A technology giant like Switch committing to using 100% renewable energy is truly visionary and grows our clean energy economy by creating hundreds of good-paying construction jobs here.”

December 12th 2017
Global Trade In Biofuels Featured At International Renewable Mobility Conference

A significant proportion of global energy use, is in transportation. Action is crucially needed to bring about an energy turnaround in this sector and it’s a topic that has moved higher up the political agenda again since Dieselgate, and with growing calls for a rapid introduction of electromobility. In Germany, the Working Group on Energy Balances (AG Energiebilanzen) has calculated the final energy consumption of 728 TWh by the transport sector in 2016. Data from the German Environment Agency (UBA) reveals that over 90 percent of fuel deployed is derived from mineral oil. World-leading experts meeting in a parallel forum at the 15th International Conference on Renewable Mobility will analyse biofuel trading worldwide, examining various perspectives on requirements, the current state of play and forecasts.

December 12th 2017
Renewable Future Challenges UK And Germany To Build Flexibility In Power Systems

A new economic study highlights that future energy systems in the UK and Germany, with very high levels of variable renewable generation, must be complemented by flexible resources, including energy storage. The study was released by Bloomberg New Energy Finance (BNEF). “This study highlights a seismic shift in how power systems will operate in the future. As wind and solar become the cheapest options for power generation, the race is on to develop and deploy the flexible resources that will complement them,” said Albert Cheung, head of global analysis at Bloomberg New Energy Finance.

December 8th 2017
Tata Power Solar Commissions India’s First Rooftop Solar Carport In Delhi

Tata Power Solar set another landmark by commissioning an unprecedented rooftop solar project in India – a solar carport on the rooftop of the sprawling 70,000 sq.m Unity One mall, in Rohini, Delhi. The unique rooftop carport is estimated to set off 438 tonnes of carbon emissions annually. The company won the bid in an open tender process fielded by Delhi Metro Rail Corporation for multi-level car parking. The project enables the mall to earn on the unused and excess solar electricity produced. It also cuts down the need to install a second meter or an expensive battery storage system as it is directly connected to the local power grid.

December 8th 2017
India: Increased Commitment By Government Drives Demand For Solar Inverters

SMA has announced that it sold more than 1GW of solar inverters into all market segments in India in 2017. SMA inverter sales in the commercial sector have doubled compared to last year, corresponding to a market share of 30%. In total, the installed SMA inverter base in India exceeds 3 gigawatts. “India is one of the key markets for SMA in the Asia Pacific region. In the last 3 years, we have seen strong commitment from the Indian government driving growing market demand in the solar sector”.


 

   

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