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SolarCity Launches Utility and Grid Services

SAN MATEO, Calif., May 5, 2016 /PRNewswire/ -- SolarCity (SCTY), best known as the nation's number one provider of rooftop solar to consumers and businesses, today introduced a new set of services for utility and grid operators. SolarCity's new services include installation, financing, and consulting services for utility-scale solar and energy storage resource development, as well as advanced controls for demand response, distributed energy resources, and aggregated grid services.

Utility-Scale Solar – SolarCity launched its development of utility-scale solar power plants as an alternative to traditional fossil fuel generators. Utilities looking for additional generation capacity, or a solution to meet renewable portfolio standards and other environmental mandates, can leverage turn-key delivery of solar power via wholesale contracts and direct grid tied solar power systems. SolarCity manages the entire process from financing and design to installation, advanced controls and optimization, and system maintenance. Utilizing solar energy typically costs far less than building traditional generation assets, and solar energy rates are locked in for years into the future, protecting the utility and customers from volatile fuel prices.

Dispatchable Utility-Scale Energy Storage – As a complement to solar power, SolarCity now offers firm and dispatchable utility-scale storage solutions. Our capacity services offering combines solar and energy storage to...