Ex-Tesla Employee Designs Solar Energy Cabinet To Store Your Home’s Power
By Nicole Rodrigues, 22 Jun 2023
Despite the growing impact of climate change and the increasing vulnerability of power grids to extreme weather events, most Americans with solar panels are missing a critical component: energy storage. Lunar Energy, a startup by former Tesla executive Kunal Girotra, aims to change that by introducing a user-friendly design that simplifies the installation of solar power and storage systems.
The problem of relying on solar energy lies in the complexity of current setups, which involve multiple vendors and clutter of separate components. Lunar Energy’s ‘Lunar System’ integrates the inverter (which converts solar energy into usable electricity) and the battery, creating a streamlined system that takes up less space on the wall and reduces installation time by about 30%. This comes packaged in a sleek cabinet that can easily blend into your home’s interior design.
Controlling and monitoring the system can be done through Lunar Energy’s dedicated app. Homeowners can maximize energy savings by charging the battery during off-peak hours when electricity prices are low and utilizing the stored power during peak-demand periods.
One of the other key advantages of Lunar Energy is its modular design. Homeowners can easily expand storage by adding on my battery modules. The weight of which has been significantly reduced, making installation much easier for professionals.
Lunar Energy’s system can also participate in “virtual power plants,” a network of home batteries that work together to provide backup electricity to the grid. This feature can potentially earn homeowners additional revenue while contributing to the overall stability of the grid.
In the event of grid failure, the system will disconnect from the grid and switch to running solely on solar power, ensuring an uninterrupted energy supply without disruption.
The total installation cost, which includes solar panels, batteries, and associated equipment, ranges from $20,000 to $30,000 after government incentives.
[via Fast Company and Canary Media, images via various sources]