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EnSync Energy to Showcase Home Energy System at Solar Power International
EnSync (NYSEA:ESNC), a leading developer of innovative distributed energy resources announced that the company will feature its Home Energy System at the upcoming Solar Power International conference. As quoted in the press release: The installation, which will connect to SPI’s live microgrid at the Smart Energy Microgrid Marketplace, will feature two EnSync Home systems exchanging electricity …
EnSync (NYSEA:ESNC), a leading developer of innovative distributed energy resources announced that the company will feature its Home Energy System at the upcoming Solar Power International conference.
As quoted in the press release:
The installation, which will connect to SPI’s live microgrid at the Smart Energy Microgrid Marketplace, will feature two EnSync Home systems exchanging electricity in real time, via EnSync Energy’s True Peer-to-PeerTM DC-LinkTM technology. This pioneering feature allows networked residential units to share, buy or sell electricity with one another, optimizing the economic benefits of the photovoltaic (PV) installation across the network of residences.
In this network, when a residential unit generates energy in excess of its load, it will charge the unit’s energy storage battery. Once the battery reaches full capacity, any additional energy generated then enters the DC-Link, a platform that interconnects individual residential units behind their utility meters and channels this electricity to other units in the network that demand more energy than they are generating or storing. The export and import from each unit is then metered and reported to the utility, though the True Peer-to-Peer network can also be deployed as a non-export system.
“We look forward to showcasing our Home Energy System and its unique peer-to-peer technology at Solar Power International,” said Brad Hansen, president and CEO of EnSync Energy. “There are millions of individually metered multi-family property units across the United States that will never be economically viable for PV or PV-plus-storage when addressed separately. This breakthrough energy exchange capability aggregates and optimizes any inefficiencies due to vacancy rates, low load units, shading impacts and other problems at the property level, thereby drastically improving economics for the entire site. Attendees at the show will see the exchange of energy between end users in real time and learn how this pioneering technology addresses critical challenges for the multi-family property segment of the commercial-residential market.”
Beyond exhibiting, EnSync Energy executives were also selected to lend their industry expertise as speakers at educational sessions about microgrid use cases for multi-residential units and the cable industry.
Click here for the full press release.
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