Collaboration on Bus Fleet Electrification and Solar Overhead Charging – Off Grid Energy Independence

As public transit fleets evaluate bus electrification to meet zero-emission goals, costly and lengthy construction timelines can hamper deployment. To meet this need, Amply Power is working with Duke Energy Sustainable Solutions to expand fleet electrification offerings, including the first commercially available combination solar canopy and overhead electric vehicle charging solution covered by a power purchase agreement (PPA) leasing and financing model. The field-tested solution, enabled by the patent-pending Pantograph In-Depot Equipment (PIDE) Canopy Mount, allows fleets to reduce the cost of EV charging while leveraging renewable electricity.

“Solar PPAs and managed charging can help fleet operators double-down on the cost savings that electric vehicles already deliver compared to diesel. Solar power generation is usually an afterthought, and we developed this unique solution after witnessing transit agencies struggling with the costs associated with developing an overhead charging system,” said Vic Shao, CEO of AMPLY Power. “Unlike diesel prices, electricity rates can fluctuate wildly throughout the day, sometimes by as much as 400%, making it impossible to ‘time the market’ and potentially wiping out EV savings. By combining overhead charging with a fixed rate of power, we are helping fleets bring predictability to their budgets and reduce their exposure to high rates.”

Once built and installed in a depot, Amply Power and Duke Energy Sustainable Solutions will manage the solar charging and maintenance operations via a PPA, a common financing model used in the commercial solar industry. The solar and charging agreements extend 20 to 25 years and offer a fixed rate of power with no upfront capital expenditures. For further information see the IDTechEx report on Solar Vehicles 2021-2041 2nd Edition.
May 28, 2021 Mary Sparks