Sharp Introduces SmartStorage Energy Management Solution
July 29 2014 - 4:00PM
Business Wire
Immediately Available in California, with
Expanded Availability Planned for 2014
Today, Sharp Electronics Corporation announced the launch of
Sharp's SmartStorage energy solution, which is immediately
available throughout California and will be expanded to other
states in the second half of 2014. SmartStorage is a unique energy
storage solution, which can dramatically cut utility demand charges
for commercial and industrial buildings. It was developed in the
U.S. at Camas, Wash.-based Sharp Laboratories of America.
“We are confident that our SmartStorage product brings Sharp’s
innovation, reliability and quality to the emerging energy storage
market," says Carl Mansfield, General Manager of Sharp’s Energy
Systems and Services Group. "Our product’s combination of
cutting-edge hardware, integrated with Sharp’s unique software, and
backed by our 10-year O&M service and performance guarantee
provides a turnkey solution that works widely for commercial and
industrial business owners."
SmartStorage keeps a large amount of electric energy stored in
reserve, which it selectively releases in order to limit a
facility’s electricity demand. The system employs sophisticated,
predictive controls to manage the release of this energy, resulting
in high performance, high system efficiency and world-class
reliability. Sharp’s confidence in its product is reflected in its
innovative performance guarantee, made available following a review
of a commercial customer’s historical load profile.
SmartStorage operates effectively either as a stand-alone
solution or when deployed together with a solar electric
installation. Each case can result in lower demand charges for
building owners, which is especially important with rising energy
rates, like the 15%+ rate hike on demand charges that occurred this
June for San Diego Gas & Electric and Southern California
Edison customers.
“HelioPower views SmartStorage as a game-changer for
clean-energy in California," explains Brandon Conard, Chief
Strategy Officer of HelioPower, an integrated energy solutions
company with more than 4,000 solar and clean energy installations
to date in the California market. "Previously, there was no good
solution for buildings with either crowded roofs or high demand
charges. We have reviewed a number of other emerging storage offers
and believe that SmartStorage, backed by Sharp’s world-class
combination of technology, reliability and service track record, is
the best product in the market.”
With recently signed distribution agreements and initial product
orders, Sharp has begun to successfully collaborate with
California-based project development allies to roll out
SmartStorage to business owners throughout the state. Over the past
18 months, SmartStorage has undergone rigorous quality assurance
testing, with performance and reliability validated at a commercial
building pilot deployment in downtown San Diego.
About Sharp Electronics Corporation
Sharp Electronics Corporation is the U.S. subsidiary of Japan's
Sharp Corporation, a worldwide developer of one-of-a-kind home
entertainment products, appliances, energy products and solutions,
and networked multifunctional office solutions. Leading brands
include AQUOS® LED HD and 4K televisions, Microwave Drawer® ovens
and Plasmacluster® air purifiers. Sharp has been named one of the
Most Admired Brands in America and one of the 20 Most Loved
Companies globally.* For more information, visit
www.sharpsmartstorage.com.
*Sources: Buyology Inc., 2012; APCO Worldwide, 2013
Sharp Electronics CorporationEmily Christopher,
201-529-8659SmartStoragePR@sharpsec.com
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