Andy Colthorpe and Ben Willis profile some of the companies and technologies making waves in the fast-changing world of stationary energy storage, in a feature article which originally appeared in the seventh issue of PV Tech Power.
Another period of growth in US energy storage was enjoyed in the first quarter of 2016, up by 127% year-over-year compared to the equivalent period in 2015, GTM Research has found.
While seeming “tech breakthroughs” garner a great deal of media attention, the three key factors in determining the likely impact of storage tech companies are innovative technology, scalability and a proven track record, a Bloomberg New Energy Finance analyst has said.
The head of an Australian solar installer has criticised Tesla’s marketing of its residential energy storage devices, claiming that potential end customers have been given unrealistically low expectations on the system’s pricing.
A small number of regional markets are leading the way for energy storage deployment in the US, but this is likely to change in the near future, an analyst from GTM Research has said.
This year will be the one when “PV energy storage systems (PVESS) make an enormous leap toward wide-scale adoption”, according to research firm IHS.
