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United States Procurement News Notice - 86740


Procurement News Notice

PNN 86740
Work Detail Yotta Energy, a leader in next-generation energy solutions designed for the built environment, announced a strategic partnership with Upstart Power, the technology leader in Solid Oxide Fuel Cell (SOFC) on-demand energy appliances. Firming Intermittent Solar Generation to enable 24/7 Energy Availability As energy costs continue to escalate, the opportunity for distributed, clean energy solutions in the commercial building sector is experiencing exponential growth. Solar has become increasingly attractive to businesses looking to reduce energy costs and improve energy resilience, but solar generation is inherently intermittent and out of sync with the 24/7 load profile of most commercial and industrial facilities. Demand charges are a key energy cost driver for commercial and industrial businesses that can account for ~30-60% of their monthly utility bill. These charges are triggered by the unique load profile of each tenant. Yotta Energys proprietary module-level energy storage architecture is a game-changer for the built environment, as it provides a safe, low-voltage solution that streamlines the design, permitting, installation, and O&M of solar while addressing space constraints and the intermittency challenge limiting the effective utilization of solar energy. Yottas solution is the only modular battery storage system designed for streamlined module-level installation alongside solar systems. Doing so significantly reduces technical design and construction efforts, saving customers up to 40% over conventional commodity batteries in a box. With its building block architecture which enables the standardized co-location of batteries with rooftop solar, Yotta Energy has cracked the code of how to cost-effectively deploy battery storage in the built environment, — particularly in small and medium sized sites, like convenience stores, car dealerships, quick-serve restaurants, strip malls, supercenters, and distribution centers, multi-family, and-high rise buildings. We are excited to contribute to Yottas journey to transform energy management in the commercial building sector with our Upgen NXG™ on-demand energy appliances, said Georg Bettenhauser, Chief Commercial Officer at Upstart Power. More often than not, the biggest hurdle of deploying energy storage in commercial and industrial buildings is the bespoke (read: complex & expensive) question of where to site the batteries, which challenges the project economics, particularly for small and medium commercial and industrial buildings. Yotta Energy is exceptionally well-positioned to deliver the best project economics for commercial and industrial buildings at scale, which has been further strengthened by partnering with Upstart Power, said Jordan Harris, CEO of Yotta Energy. Upgen NXG™ fuel cell generators from Upstart Power are the perfect on-demand companions augmenting the intermittent nature of solar, by acting as an optional firming resource for Yottas solution when the sun is not shining, which is particularly useful given the 24/7 load profile in most commercial and industrial tenants. Yotta Vision Energy Management System The Yotta Vision EMS is a software platform designed to enable EPC and facilities managers to deploy and remotely monitor, analyze, trouble-shoot, optimize, and maintain key elements of the Yotta energy solution in real-time, such as load control, battery storage, solar, generators and electric vehicle charging technologies, delivering best-in-class project economics for the end customer. As part of this strategic partnership, Upstart Power grants Yotta Energy a non-exclusive license to its innovative fuel cell fleet management software platform to enable the deployment of Upgen NXG™ on-demand energy appliances as part of Yottas Energy Management solution and the seamless integration into Yotta Vision.
Country United States , Northern America
Industry Energy & Power
Entry Date 07 Jan 2025
Source https://www.gulfoilandgas.com/webpro1/main/mainnews.asp?id=1040579

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