Sharp Expands Distribution of Energy Storage Systems
Sharp Electronics Corporation's Energy Systems and Services Group (Sharp) and CivicSolar announced today that CivicSolar is now offering Sharp's SmartStorage® energy storage system through its vast distribution network of solar PV installers. Sharp and CivicSolar's first project will be with technology developer and systems integrator Forecast Energy. The project features a 120kW/160kWh SmartStorage® system plus a 313.5kW solar system and Forecast Energy's proprietary forecasting platform that has been installed at Channel Lumber, one of the largest lumber companies in the Bay Area.
â€œItâ€™s a privilege to have been selected by Forecast Energy for the Channel Lumber project and by CivicSolar as a distribution ally, which will see them promote our SmartStorageÂ® system to their network of 3,500 customers,â€ said Carl Mansfield, General Manager and Founder of Sharpâ€™s U.S. based Energy Systems and Services Group. â€œCivicSolar will broaden our reach to their vast network of customers in the solar industry and will bring our SmartStorageÂ® solution to customers that are facing expensive peak demand charges. We anticipate teaming with both CivicSolar and Forecast Energy on future solar plus SmartStorage projects.â€
Sharpâ€™s intelligent energy storage solution paired with solar PV systems works synergistically to reduce energy usage for commercial properties. Sharpâ€™s SmartStorageÂ® system is designed to pull power from the SmartStorage batteries rather than from the utility at the times of highest demand (which are the most expensive rates) and is particularly suited for properties in parts of California where commercial utility customers are paying up to 50 percent of their energy bills toward demand charges. Channel Lumber paid $172,385 in demand charges alone over a one year period.
â€œWe provide solar developers and installers with the products and services they need to succeed, so bringing a new energy storage technology into the mix requires a high level of evaluation,â€ said Stuart Fox, VP of Technical Sales for CivicSolar. â€œSharpâ€™s SmartStorageÂ® system is available with a 10-year demand reduction performance guarantee and asset management service agreement. With Sharpâ€™s solid reputation backing their system, our installer network will have confidence in Sharpâ€™s SmartStorageÂ® solution and their 10-year service agreement. That is already being demonstrated by our initial installation.â€
A detailed analysis of Channel Lumberâ€™s energy usage profile estimates that the solar plus SmartStorageÂ® system will bring $160,466 in energy and demand savings annually - an estimated 62 percent reduction in Channel Lumberâ€™s total bill. Forecast Energy selected Sharpâ€™s SmartStorageÂ® system and was the integrator and installer for the entire project.
â€œAfter evaluating a number of systems, we chose solar plus Sharpâ€™s SmartStorageÂ® energy storage system because it provides our customer with better, cleaner power along with greater flexibility in their energy management and it integrates incredibly well with our solution stack,â€ said Paul Oâ€™ Sullivan, COO of Forecast Energy. â€œWe are thankful for the team at CivicSolar for bringing us high quality and industry-leading energy products, and in this case a reliable, brand-name solution backed by a 10-year performance guarantee, giving us confidence in our selection.â€