19 May '17, 12am

Vivint Partners With Mercedes-Benz to Sell Storage Alongside Solar

For a tiny market, solar-plus-storage has driven several high-profile corporate partnerships. On Thursday, No. 3 residential solar installer Vivint finalized an "exclusive strategic collaboration" with Mercedes-Benz Energy to deliver solar-plus-storage systems. This marks the first storage alliance for Vivint, as well as the first solar partnership for the U.S. branch of Mercedes-Benz's energy division, which packages the company's automotive batteries for stationary applications. Residential storage remains a diminutive market in the U.S., accounting for fewer than 1,000 systems deployed last year, according to GTM Research. Despite this market's diminutive stature, the big players in the solar industry have pounced on strategic partnerships that set them up to deliver as falling battery prices and changing tariffs make the economics more alluring. Leading residential sol...

Full article: https://www.greentechmedia.com/articles/read/vivint-partn...

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