A renewable affiliate of Duke Energy (NYSE:DUK) has entered an alliance with California-based Green Charge Networks to provide commercial customers in various markets with energy storage for solar.
The agreement provides customers in markets such as California and Hawaii with “solar firming.” This is a way to smooth the peaks and valleys of a variable energy source. It also saves commercial customers money by offsetting the higher prices of peak demand power, Duke said in a Dec. 8 news release.
Green Charge will work closely with solar provider REC Solar to market energy storage systems with REC’s projects. Initial focus will be on markets in Hawaii and Southern California.
Duke acquired a major interest in REC Solar earlier this year.
“Our goal is to make it easier for customers to combine solar and storage, so they can benefit from high quality, consistent and economical power 24/7,” said Greg Wolfe, the president of Duke Energy Renewables and Commercial Portfolio.
