Commercial Solar, The Road Ahead - An Update From Enphase Energy
The rise of the solar energy market in 2015 is slowly threatening to break up a linear energy landscape it took decades to sculpt. This sea change is being precipitated by fundamental market forces. While traditional energy sources are becoming increasingly challenging, expensive and risky to extract and deliver to customers, solar is significantly lowering its cost curve with breakthrough technological innovation and cost savings from scale manufacturing.
In the span of only a few years, solar has gone from being considered a niche energy source to a mainstream, enterprise-ready energy solution. It’s been adopted by businesses and public sector institutions alike from leading technology companies such as Apple to midsized enterprises like the Bear Republic Brewing Company, from the U.S. military to the San Diego Unified School District.
Today, solar power just makes sense for the commercial enterprise meeting two very important needs: cost savings and environmental sustainability. The adoption of solar in the commercial space means commercial users get operational costs savings as well as hedging opportunities against future energy price increases. Some innovative real estate owners are even using solar to boost the value of underutilized rooftop assets by generating solar electricity to sell to their local utilities. According to the U.S. National Renewable Energy Lab (NREL) the potential market for commercial solar is poised to grow exponentially over the coming years, possibly exceeding 100 Gigawatts by 2030 in the United States.
Enphase Energy has capitalized on this rapid growth with over 10,000 commercial solar installations globally. We are continuing to actively pursue new opportunities in the commercial market through expanded partnerships with commercial and industrial solar project developers. We see the commercial solar market picking up pace as the grid evolves to support more renewable energy solutions. To target this growing market opportunity we’ve introduced our specially designed C250 microinverters for the North American market and will soon launch our M250 72 cell microinverters for Europe and the rest of world. We expect to announce more new partnerships and product offerings in the coming months as we expand our commercial solar solution globally.
If you’d like to review more information about our C250 microinverter system, design software package, commercial operations and maintenance services and other aspects of our comprehensive, concept-to-completion commercial solar solution you can visit our commercial solution training page or speak with a local Enphase distributor.
Source: Brian Korgaonkar, Sr Product Manager, Enphase.