SunPower
Corp. SPWR and Sunverge Energy, Inc. today announced an exclusive
agreement that offers SunPower's fully integrated SunPower solar power systems
and Sunverge's advanced Solar Integration System (SIS) energy storage
solutions to residential customers and utilities in the U.S. The two companies
are providing a similar offering to Australian customers. SunPower and
Sunverge expect to make combined solar and storage solutions broadly
commercially available in early 2015.
"Over the next five years, we expect to see a disruptive shift in the energy
market, with solar power, energy storage, smart devices, energy management
technologies and electric vehicles being combined," said SunPower CEO Tom
Werner. "As we join Sunverge's adaptable and reliable storage solutions with
SunPower's high performance solar technology, we're giving consumers a 'Smart
Energy' solution that will deliver unprecedented levels of personalization,
value and control. Providing this integrated solution to utilities allows them
to access the benefits of rooftop solar and storage at significant scale."
"Sunverge is a leader in the distributed energy storage market, with customers
and projects around the world and hundreds of systems in production operating
to the highest standards of performance, reliability and safety," said
Sunverge CEO Ken Munson. "Our unique hardware and software platform allows
customers to bundle solar, energy storage, and other distributed resources and
manage them as a fleet to enhance the long-term value of their energy
investments."
"Together with SunPower, we can deliver an 'end-to-end' solar and storage
solution that bundles services from design and installation to monitoring,
support and beyond," Munson continued. "This solution offers tremendous
benefits on both sides of the meter, from more reliable and cost-effective
energy for the consumer to enhanced grid-management and ancillary services
capabilities for utilities. No other comparable market offering provides this
kind of depth and breadth of service and value to consumers and utilities."
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