Oshawa Power and Utilities Corporation and Tabuchi Electric Launch Solar-Plus-Storage Program

Canadian utility champions installation of grid-friendly residential systems

OSHAWA, Ontario & SAN JOSE, Calif.--Tabuchi Electric, a solar-plus-storage manufacturer, is unveiling the installation of its first solar-plus-storage system as part of a broader program being led by utility partner Oshawa Power and Utilities Corporation in Ontario, Canada. The utility is one of the first in North America to lead the installation of grid-friendly residential solar-plus-storage systems.

Under the program, Tabuchi is installing solar-plus-storage systems in homes across Oshawa Power's service territory to generate solar energy and store it onsite for use at any time. Oshawa Power's customers participating in this pilot will be able to generate and use all of the clean solar energy produced at their home with the help of solar panels and a sophisticated storage system.

Despite the fact that a wide spread deployment of such a technology could be disruptive to its business model, Oshawa Power is leading the charge, "Because, we are in the 21st century and there are technologies now available for us to serve the customer's needs better," says Oshawa Power CEO, Atul Mahajan. He also added, "We are excited to bring these advanced energy solutions that provide increased reliability with storage back up while generating energy efficiently and sustainably on-site through solar power, right where our customers need it. Integrating solar and storage with the grid in select homes across Oshawa will allow us to study the technology closely and most importantly develop innovative business models on our path to creating the utility of the future."

The project is funded by Japan's New Energy and Industrial Technology Development Organization (NEDO) and is designed to deliver compelling energy management benefits to Oshawa Power and its residential customers. This initiative also supports Ontario's clean energy efficiency policies already considered to be leading in North America.

"Our partnership is a testament to how utilities and solar-plus-storage technology companies can successfully bridge the gap," said Harumi McClure, Tabuchi Electric Managing Director and General Manager. "We designed our grid-friendly system to help utilities like Oshawa Power capture the benefits of solar power while also improving customer reliability during power outages, especially during extreme weather. We are committed to helping Oshawa and Ontario continue to lead the way in bringing solar and storage to its residents."

A ribbon cutting ceremony will be held on November 20, 2015 at 10:30 a.m. to celebrate the first installation. Tabuchi Electric President and CEO Toshihiro Kaihoshi, Oshawa Power CEO Atul Mahajan, NEDO Executive Director Makoto Watanabe and Oshawa Deputy Mayor Nester Pidwerbecki will participate along with other dignitaries in the ceremony at a customer's home.

About Tabuchi Electric
Tabuchi Electric is the leading residential solar inverter manufacturer in Japan and has been a leading power electronics company since 1925. Tabuchi's solar-plus-storage solutions are grid-friendly plug-and-play systems optimized for energy management and cost performance that are ready to install today. Tabuchi is a founding member of the Distributed Energy Resources Council of Hawaii (DERC), the first association formed in the U.S. to exclusively represent behind-the-meter technology and distributed resources. Tabuchi is committed to developing technologies to solve urgent global energy challenges and make all buildings net-zero. For more information, please visit Tabuchi Electric.

About Oshawa Power and Utilities Corporation.
Oshawa Power and Utilities Corporation (OPUC) is an infrastructure assets holding company that provides innovative energy and communication related services through its operating subsidiaries. For more information, please visit www.opuc.on.ca

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