Carson City, NV -
October 30, 2018
The Governor’s Office of Energy (GOE)
recently awarded a grant to Viridity Energy Solutions, Inc. (Viridity), a
wholly owned subsidiary of Ormat Technologies, Inc. to install and monitor a
battery energy storage system supplied by Tesla, Inc., in the Grant Sawyer State
Office Building in Las Vegas, Nevada.
The system will reduce Grant Sawyer’s annual energy costs by thousands
of dollars.
The Grant Sawyer
State Office Building is the primary State office in Las Vegas. Located on East
Washington Avenue, the 5-story 224,000 square foot office building houses the
offices of the Governor, Attorney General, Legislative Counsel Bureau, Gaming
Commission, Boxing Commission, and other state agencies.
Viridity will
utilize its proprietary VpowerTM energy management software platform
to monitor customer load, grid conditions, and other influential parameters
(historical data, forecasted weather, battery performance, and other building
variables) to forecast optimal battery dispatch to prevent expected future peak
demand and maximize savings.
“I am incredibly pleased to see this project being realized,”
Governor Brian Sandoval said. “In 2017, I signed legislation that provided for
this demonstration project – which will help our state save money while also
furthering Nevada’s commitment to clean energy. I appreciate Viridity taking
the lead on this project and I thank Tesla for once again stepping up to the
plate and helping to continue to build the new Nevada.”
“This project will serve as a demonstration of the
advances in battery storage performance and monitoring to reduce energy
requirements from the electric grid during peak demand periods.” said GOE
Director Angela Dykema. “This is a great example of public-private partnership
between the State of Nevada and two companies with significant operations in
Nevada that will set the stage for the future utilization of energy storage
across our state.”
“GOE continues to be an innovator in identifying new
technologies, such as battery storage, to assist the grid in providing the best
quality electricity service to Nevada residents and in being a leader in
adopting green technology. We are very
honored to be selected as the software platform and operations provider for the
GOE and for the opportunity to work with Tesla on this inventive project. By leveraging our VPowerTM software and
proprietary algorithms, we will ensure the GOE will receive the maximum
economic benefit along with ensuring the health and longevity of the Tesla
battery system.” commented Mack Treece, CEO of Viridity.
“Tesla has been proud to have the support of Governor
Sandoval and the State of Nevada as we continue to develop Gigafactory 1, and
this Powerpack project at the Grant Sawyer State Building is another example of
our ongoing collaboration to accelerate Nevada towards a clean energy future,”
said Chris Reilly, Workforce Development & Education Lead at Tesla.
“We are excited to partner with the Governor’s
Office of Energy and Ormat Technologies on this great demonstration project at
Grant Sawyer,” said Patrick Cates, Director, Nevada Department of
Administration. “We will be interested to see how the system performs and plan
to evaluate this technology for potential use at other state buildings.”
Manufactured at
Tesla’s Gigafactory in northern Nevada, the Tesla Powerpack energy storage
system will generally charge overnight when electricity demand and prices are
low and discharge during the building’s peak demand period to help reduce
overall electricity costs for the building.
The
funding comes from GOE’s Renewable Energy Account to promote the application of
innovative clean energy technologies as well as an incentive from NV Energy’s
newly implemented Large Commercial Energy Storage program, which was
established by Senate Bill 145 in the 2017 Nevada Legislature.
Battery
procurement will begin in November 2018 with inspections, testing, and commissioning
anticipated for the first half of 2019.
About the Governor's Office of Energy
The
Governor’s Office of Energy oversees energy programs required through statute
and those that help to meet the mission of the office, which is to ensure the
wise development of Nevada’s energy resources in harmony with local community
economic needs and Nevada natural resources. For more information about the
Governor’s Office of Energy, please visit energy.nv.gov.
About Viridity Energy Solutions Inc.
Viridity Energy, a wholly owned subsidiary of Ormat
Technologies, Inc., is a leading battery storage and distributed generation,
demand response, and demand management solution provider. Through its unique,
flexible and turn-key VPowerTM software and services platform,
Viridity maximizes energy revenue and savings for its customers. Viridity
empowers customers to cut their electricity prices through best-in-class
proprietary peak shaving algorithms, and its market leading VPowerTM
optimization software, that ensures the best economic return for each kilowatt
of flexible energy load, including generating revenue for customers in the
wholesale energy markets. Viridity is a market leader in advanced distributed
energy resources (DER) with a specific focus on battery storage. By combining
the skills of Viridity with its parent company Ormat, Viridity brings to market
the unique ability to provide a broad, end-to-end DER solution to customers
either as a service, with no capital outlay by the customer, or as a sale.