The US$4 million Orange Button initiative seeks to collate industry data in a standardised format, making it more accessible and easier to integrate. Source: US Department of Energy
The US Department of Energy SunShot Initiative’s Orange Button programme kicks off today in San Francisco with the first face-to-face meetings of the initiative, which aims to establish unified datasets in an effort to reduce financing costs across the industry.
SGIP, an industry consortium focusing on accelerating grid modernisation, is one of four organisations selected to spearhead the Orange Button initiative, alongside SunSpec Alliance, kWh Analytics and the National Renewable Energy Laboratory (NREL). The companies are working to practically respond to SunShot’s mandate and develop the projects that will increase market transparency and establish fair, consistent data standards for the industry; which in turn should reduce the cost of capital for new solar projects by collating regulated data.
According to SGIP, “access to high quality data impacts more than half the total price of a residential PV system” – which in itself speaks for how important a robust data infrastructure for the industry is, to streamline information between all stakeholders including customers, utilities, financiers, local governments and solar companies.
SGIP specifically, along with the Solar Energy Industries Association, is to “manage stakeholder engagement and strategy associated with solar bankability” as well as “evaluate the progress and results of the Orange Button working group”.
“In a few short months, the Orange Button Initiative has over 330 participants and we are eager to kick off our first face-to-face meetings of the Orange Button Working Groups on July 14th in San Francisco,” stated Sharon Allan, SGIP president and CEO. “We have solar industry leaders from banking and specialty finance institutions, solar project developers and solar asset managers and installers, solar project real estate professionals, solar O&M service providers and project developers, as well as electric utilities, ISOs, and regulatory representatives registered for the Orange Button Working Groups. We are confident that we can leverage their collective knowledge and expertise to achieve the objectives of the Orange Button programme.”
Following the successful launch of Energy Storage Summit USA, we are pleased to announce its return for a 2nd year. Renowned for its quality, breadth and expertise, this event features an all-encompassing range of strategic and technical sessions on the adoption and deployment of storage. Key market drivers such as the falling price of lithium-ion batteries, investment in electric vehicle infrastructure, FERC Order 841, government incentives, grid modernization, transition from dependency on the networks to a desire for autonomy and intermittent renewable sources, all add to an exciting time for the Energy Storage value chain.
Intersolar North America is the first major solar + energy storage event of the year that connects innovators and decision makers. With a dynamic exhibition floor and robust conference program, #isna2020 provides business-to-business professionals a platform to advance business, expand education, and drive networking. Immerse yourself in three days of best-in-class conference programming and special exhibits and pavilions that showcase the industry trends, innovative solutions, and emerging talent transforming the solar, energy storage, and e-mobility markets: Join us February 4-6, 2020 at the San Diego Convention Center in San Diego, California.