Energy storage solution integrates intelligence software
Pason Power, a provider of adaptive intelligent software for energy assets, and Chint Power Systems (CPS), a manufacturer of solar and energy storage power conversion equipment, announced that CPS has chosen Pason Power’s software to be integrated into its Energy Storage System as the exclusive platform for commercial and industrial (C&I) customers. According to Navigant Research, C&I energy storage annual capacity deployments are forecasted to grow from 732MW globally in 2019 to 10,861MW in 2027.
The integrated energy storage solution fosters a simplified, single-source procurement process for customers rather than having to rely on multiple vendors.
Additionally, hardware and software arrive pre-built and pre-configured, making it easy for developers to install so customers can quickly begin seeing the benefits. By pre-integrating with CPS’s energy storage solution, Pason Power’s platform can accurately model anticipated operating parameters, yielding more precise results.
“We are proud to have won the business of a high caliber company such as Chint Power Systems,” said Enrico Ladendorf, Managing Director of Pason Power.
“The integration of the Pason Power platform with the CPS systems gives customers the ability to confidently size, procure, and install intelligent energy storage systems, while also providing faster delivery times and cost certainty. The combined system enabled by our software platform can help solar installers and project developers grow their businesses by delivering more accurate estimates on project financial performance such as IRR, Payback Period, and NPV.”
“As C&I energy and sustainability managers seek greater control over their energy use, interest in energy storage is skyrocketing,” said Ricardo Rodriguez, Research Analyst at Navigant Research.
“To unlock the next level of value in the C&I storage market, stakeholders are exploiting cumulative advances in software and analytics to enable the bundling of grid applications to stack up multiple value streams. Balancing this complexity will require sophisticated analytical and system control capabilities to ensure an energy storage system provides maximum value and maintains peak performance for as long as possible.”
Ladendorf said Pason Power’s intelligent software platform is designed to unlock value from each phase of the energy storage project lifecycle.
“It delivers predictable and reliable results that give confidence to developers, financiers, utilities, and operators when deploying and managing energy storage assets,” he said.
“The platform offers a clear view into every step of the procurement and deployment process, including visibility into the real time performance and aggregated savings of the system. This significantly lowers project risks by optimising the energy storage system to a customer’s unique and specific power needs.”
The CPS Energy Storage Systems are designed for demand charge reduction, time of use shifting, PV self-consumption, and back-up power applications. Available in 30kW/65kWh or 60kW/ 130kWh solutions, these turnkey UL 9540 certified systems are available and ready to meet customer demand today.
Casey Miller, Vice President of Products and Strategy at CPS said adding Pason Power’s adaptive software completes the turnkey offering from CPS. “After evaluating a number of software platforms, we chose Pason Power because of its capable platform, its ability to maximise ROI in a changing energy environment, and most importantly the backing of a company with decades of experience in data management for the energy industry,” said Miller.
“With our hardware and Pason Power’s software solution, we have been able to significantly reduce the complexity and risk of executing small commercial storage for our customers. We have what we believe to be the best small commercial solution for solar, and we now have energy storage solution that can help project developers grow their business.”