20 Apr '17, 5pm

via @greentechmedia

In many places, it's still up for debate whether a battery project will pencil out economically. On island grids, though, storage already offers a slam-dunk when paired with solar PV to offer firmed power, said Lyndon Rive, co-founder of SolarCity, now known as president for global sales and service at Tesla's energy division. "It makes perfect sense to convert every island out there right now to solar and storage," Rive told the crowd at the Energy Storage Association's conference in Denver Wednesday. "We are doing that." The SolarCity founder made the case that isolated island grids, which largely rely on imported diesel for power, stand to gain immediately from a firmed solar retrofit. The profitability of solar power varies widely on land , based on factors such as solar resource and local cost of electricity. It's harder to sell a solar project in a place where the co...

Full article: https://www.greentechmedia.com/articles/read/Lyndon-Rive-...

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