DOE Global Energy Storage Database
Office of Electricity Delivery & Energy Reliability
SolarCity / Tesla / Princeton Power Grid Services Project (Fremont Site 1)
Princeton Power Systems was selected by Tesla to supply power inverters for a highly innovative peak-shaving program in California. Spearheaded by SolarCity, the project involves locally storing energy from rooftop photovoltaic arrays to help offset peak demand and thus minimize demand charges. SolarCity is estimating a 20 percent reduction in demand charges, which can amount to millions of dollars annually among large commercial customers. Princeton Power Systems will provide GTIB-30s and GTIB-100s inverters.
The Princeton Power Systems inverters combined with Tesla’s lithium-ion battery technology will store locally-generated energy to supplement the grid during times of high demand. This will avoid costly spikes in energy demand in addition to providing backup power during outages.
Jan 29, 2014
OWNERSHIP & VALUE CHAIN PARTNERS
Princeton Power Systems
COST & PERFORMANCE
2014-01-29 12:23 AM UTC
2016-04-18 10:13 PM UTC