With grid congestion and curtailment plaguing utility-scale PV development in many parts of Australia and the proposed 5-minute settlement by AEMO, live from October 2021, the case for coupling solar arrays to large-scale storage is becoming increasingly compelling. But how can solar + storage projects be effectively executed? And what are the keys for developing a successful business model?
With grid congestion and curtailment plaguing utility-scale PV development in many parts of Australia and the proposed 5-minute settlement by AEMO, live from October 2021, the case for coupling solar arrays to large-scale storage is becoming increasingly compelling. But how can solar + storage projects be effectively executed? And what are the keys for developing a successful business model?
Leveraging its experience of 10.6 GW of Solar PV projects around the world and 50 MWh of large-scale battery storage projects in the EMEA region, the global EPC Sterling and Wilson Solar will share its insights as to why solar alone may not be enough in 2020 and how developers can make their solar + storage project a success.
As renewable energy penetration rates continue to increase, large-scale big batteries are proving their worth. However, the precipitous price declines seen in solar PV have not yet been replicated in batteries and building a business case may be difficult. That FCAS markets can be relatively quickly saturated presents additional challenges.
Despite this, Sterling and Wilson Solar’s Vikas Bansal believes that the uptake of large-scale storage is set to accelerate this year and next – and fast. The global EPC has built a track record for big battery developments in the EMEA region and Bansal believes Australian project developers can learn from examples there.
Join the pv magazine webinar to plug into this experience and put your questions to presenters.
Topics covered include:
There is no doubt that large-scale storage is coming. Join the webinar to learn how you can be prepared.
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