Friday Dec 09, 2022

Capitalizing on the Growth of Small to Medium Commercial Rooftops (50-500kW) – AltEnergyMag

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There are a lot of new tools that exist in the C&I space that haven’t existed in the past. As the price of electricity increases, more C&I businesses owners are looking for ways to to generate electricity.

Capitalizing on the Growth of Small to Medium Commercial Rooftops (50-500kW)

Q&A with Omeed Badkoobeh | Yotta Energy

Tell us about yourself and Yotta Energy.

My name is Omeed Badkoobeh, and I am a renewable energy professional. I have worked in various fields across different continents, bringing together technical innovation and environmental sustainability for everyday living. I have always been passionate about solar energy technology. 

Yotta Energy’s ultimate goal is to build commercial solar + storage systems that bring value to building owners and the grid. We believe we are at the forefront of developing what we see as the future of distributed energy storage. Maximizing the space on commercial flat-roofs with our PV-Coupled™ architecture, we can sell energy back to the grid with our technology and microgrid. The primary purpose is to help meet the energy demands of the current electrification of the grid..

 

What new developments have been made in small to medium commercial rooftops that make this market interesting?

With the help of energy storage providers like Yotta Energy, the technology for small to medium commercial properties is becoming more robust. This market has been neglected in the past because residential has fast paced cycles in addition to a lack of financing for C&I and more business owners  becoming concerned about rising electricity costs. Additionally, the growth of EV charging will completely change demand. Businesses will be looking to offset demand with solar + storage. Yotta’s solution brings solar production/generation to business owners, and with energy storage allows businesses to utilize solar power when the sun goes down. On the flip side, solar power within this market is growing rapidly as the cost of solar declines. The nation and several states prioritize incentive programs for more C&I and residential buildings to incorporate solar into their properties. 

Additionally, there are very few products that combine energy storage solutions with solar power conversion and grid services software, as Yotta does. The company’s service combination allows installers to get precisely the right amount of energy through our modular approach. It couples with reliable energy storage and optimization software that makes everything operate seamlessly and at the lowest cost possible.

 

Does it make sense for residentially-focused operations to explore small to medium C&I? 

Yes. As the effects of climate change worsen and natural disasters become more prevalent, backup energy solutions are necessary to help residents and small businesses keep the lights on. In addition, solar panel deployment will only continue to grow, and the time is now for this sector to get caught up on the technology it needs to support the movement toward cleaner energy solutions. 

There are a lot of new tools that exist in the C&I space that haven’t existed in the past. As the price of electricity increases, more C&I businesses owners are looking for ways to to generate electricity.

This market has been historically difficult due to a dearth of financing options. Today, Yotta partners with various financiers to help …….

Source: https://www.altenergymag.com/article/2022/04/capitalizing-on-the-growth-of-small-to-medium-commercial-rooftops-50-500kw/37120

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