Inflexible and complex, the warranty model for energy storage systems has failed to keep pace with rapid market growth, the authors argue. This is an extract of a feature article that originally appeared in Vol.41 of PV Tech Power, Solar Media’s quarterly journal covering the solar and storage industries.
PV technology integrated with energy storage is necessary to store excess PV power generated for later use when required. Energy storage can help power networks withstand peaks in demand allowing transmission and distribution grids to operate efficiently.
This review paper provides the first detailed breakdown of all types of energy storage systems that can be integrated with PV encompassing electrical and thermal energy storage systems.
As challenging as warranties are for battery energy storage system (BESS) owners and operators, it is possible for there to be more clarity. Look no further than how the automotive industry handles electric vehicle warranties. They are simple and flexible, typically covering time (usually eight years) and mileage (usually 100,000 miles).
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But in energy storage projects, these "boring" contracts can mean the difference between a profitable power asset and a $10 million paperweight. Whether you''re a solar farm …
Advancements in warranty structures are needed as the battery energy storage industry matures. Image: Burns & McDonnell Valentin Lorscheid and Dr. Kai-Philipp Kairies of …
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As the energy storage industry scales to terawatt-hours of deployments, new approaches to warranties are essential. Recent comments from several ACCURE customers …
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