SolarEdge Joins Rocky Mountain Power’s Wattsmart Battery Program Offering Integrated Solar + Storage
October 03 2022 - 9:30AM
Business Wire
SolarEdge offers an integrated solar + battery
storage solution – meeting the utility’s demands for rapid and
flexible deployment of backup power and providing enhanced energy
efficiency for solar rooftop owners
SolarEdge Technologies, Inc. (“SolarEdge”) (NASDAQ: SEDG), and
grid operator Rocky Mountain Power today announced the
qualification of the SolarEdge Home Battery to join Rocky Mountain
Power’s award-winning Wattsmart Battery program.
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The integrated solar + battery solution
will help improve grid stability, enable greater use of renewables,
and keep costs among the lowest in the nation.
This marks an important next step in Rocky Mountain Power’s
efforts to leverage customer-generated solar power along with
battery technology in the homes of over 60,000 existing rooftop
solar customers in Utah and Idaho. SolarEdge’s addition will
improve grid stability, enable greater use of renewables, and keep
costs among the lowest in the nation.
Launched in 2021, the Wattsmart Battery program utilizes a
growing fleet of residential batteries to help manage the electric
system during peak usage periods.
The groundbreaking program has over 3,000 batteries currently
enrolled in Utah and Idaho. The SolarEdge partnership will allow
Rocky Mountain Power to take advantage of the fast response and
accurate cloud control of SolarEdge smart inverters and distributed
batteries to help balance the grid in real-time while building
toward the grid of the future.
“Wattsmart is an innovative program, but what really sets it
apart from other VPPs is the speed of deployment. While typical
demand-response programs work on a day-ahead basis, the Wattsmart
program is designed to respond on-demand with almost immediate
response in unplanned grid events,” said Peter Mathews, SolarEdge
North America general manager. “The more flexibility and speed
battery assets can provide, the more valuable they are to grid
operators – both as a contingency and frequency reserve. As we
continue to move towards a net-zero economy, this level of
optimization will become the standard for VPP models, allowing grid
operators such as Rocky Mountain Power to build a resilient and
flexible distributed energy grid of the future.”
Homeowners joining the Wattsmart Battery program with the
DC-Coupled SolarEdge Home Battery will benefit from higher
efficiency due to its ability to directly store DC power from the
sun, reducing the number of energy conversions and reducing energy
loss.
“When a customer participates in the program, they are
partnering with Rocky Mountain Power to innovate for the future and
become part of a sustainable energy grid solution,” said Bill
Comeau, Rocky Mountain Power vice president of customer experience
and innovation. “The SolarEdge Home Battery, along with its
advanced grid-connectivity capabilities, will help us to advance
that effort.”
About SolarEdge
SolarEdge is a global leader in smart energy technology. By
leveraging world-class engineering capabilities and with a
relentless focus on innovation, SolarEdge creates smart energy
solutions that power our lives and drive future progress. SolarEdge
developed an intelligent inverter solution that changed the way
power is harvested and managed in photovoltaic (PV) systems. The
SolarEdge DC optimized inverter seeks to maximize power generation
while lowering the cost of energy produced by the PV system.
Continuing to advance smart energy, SolarEdge addresses a broad
range of energy market segments through its PV, storage, EV
charging, batteries, electric vehicle powertrains, and grid
services solutions. SolarEdge is online at www.solaredge.com
About Rocky Mountain Power
Rocky Mountain Power provides safe and reliable electric service
to more than a million customers in Utah, Wyoming, and Idaho. The
company works to meet customers’ growing electricity needs while
protecting and enhancing the environment. Rocky Mountain Power is
part of PacifiCorp, one of the lowest-cost electricity providers in
the United States. More information at rockymountainpower.net.
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version on businesswire.com: https://www.businesswire.com/news/home/20220928005626/en/
Lily Salkin Global Public and Media Relations Manager
Lily.salkin@solaredge.com
Dana Noyman Head of Corporate Communications and Global PR
dana.noyman@solaredge.com
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