AES’ rainy day insurance, the crushing power of batteries on demand peaks, and more: pvMB 4/11/19

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AES solar farms now have rainy day insurance – With the recent refinancing of a portfolio of 41 solar projects totaling 28 MWdc, AES has added an re-insurance policy to guard against cloudy days. kWh Analytics’ Solar Revenue Put guarantees up to 95% of a solar project’s expected energy output, and this marks the first time a revenue put has been used in refinancing. Source: kWh Analytics

 

Russelectric debuts distributed energy controller at California Solar Power Expo – If you’re a fan of distributed energy, and if you’re not I don’t entirely understand why you read this publication, but thank you for reading anyway, you’ll want to mark your calendar, as Russelectric is debuting the company’s new Distributed Energy Controller at the California Solar Power Expo, taking place April 25-26 in San Diego. According to the company, the controller “integrates and optimizes a facility’s onsite energy assets into a seamless microgrid: diesel generators, cogen, fuel cells, microturbines, solar PV, batteries, and critical and non-critical demands. At the core of each RDEC, Russelectric’s transfer switches, switchgear, and power controller provide physical, data, and control integration of a facility’s onsite demand and generation assets.” Source: Russelectric

 

The crushing power of batteries on demand peaks – Analyzing Massachusetts’ Clean Peak Standard initiative, a new report published by Clean Energy group explores how, through the use of efficiency funds, states can rollout energy storage to flatten demand peaks. “The report, “Energy Storage: The New Efficiency ― How States Can Use Efficiency Funds to Support Battery Storage and Flatten Costly Demand Peaks,” explains the steps Massachusetts took to become the first state to integrate energy storage technologies into its energy efficiency plan, including actions to 1) expand the goals and definition of energy efficiency to include peak demand reduction, and 2) show that customer-sited battery storage can pass the required cost-effectiveness test.” Source: Clean Energy Group

 

Hammond Power Solutions unveils TruWave Active Harmonic Filter – “HPS has a new addition to their line of power quality products – HPS TruWave Active Harmonic Filter (AHF). The new HPS TruWave combines advanced control and proven reliability to provide a comprehensive and flexible solution for harmonic mitigation. HPS TruWave is designed to achieve total harmonic distortion, or THD, ≤ 5%, while requiring minimal impedance on the line side of a variable frequency drive (VFD). It provides compliance to ANSI/IEEE Standard 519-2014 requirements as well as other stringent power quality standards.” Source: Hammond Power Solutions