Along with innovations in solar technology, we placed a strong focus on the growth of the U.S. utility-scale market at this year’s Solar Power International (SPI) in Las Vegas, Nevada. SPI is the largest solar show in North America, with a 20% increase in overall attendance in 2016.
The U.S. continues to be one of the biggest markets for utility-scale solar projects, boosted by multi-year extension of Federal ITC and various state level policies and legislation. With approximately 36 GW expected to be installed in the next five years, utility-scale solar power generation has become a critical element of U.S. power generation infrastructure.
The U.S. is also expected to be the first major market to adopt 1500-volt technology, helping to further optimize the Levelized Cost of Energy from solar. At SPI we completed the U.S. launch of the Conext SmartGen™, a cloud-connected 1500-volt utility-scale power conversion system for PV and energy storage applications. By combining the best in power electronics design with the Industrial Internet of Things (IIoT) and data analytics technologies, the Conext SmartGen reduces power plant operating expenses and at the same time increases system availability and total power generation.
With proven expertise in energy management, solar, and storage, we are focused on delivering bankable technology solutions for safe, reliable, and sustainable power generation. We look forward to continuing this discussion with our customers at Energy Storage North America 2016 at booth 520 in San Diego from October 4-6.