The market for power conversion systems (PCS) used in energy storage is becoming “increasingly crowded” with competitors, while the diverse field of players will contribute to “rapid technological innovations and price reductions”, Navigant Research has said.

Home storage systems have been considered an ‘early adopter’ market in many parts of the world, perhaps more important as a way that individuals can control their own green energy use and save energy than as a means of generating big money returns.

Vermont-headquartered inverter supplier Dynapower and Mumbai-based technology firm Raychem RPG have commissioned what they claim to be India’s first 1MW microgrid using solar, diesel and energy storage at a Central Electronics Limited (CEL) facility in Sahibadad, Uttar Pradesh.

News in brief from around the world of energy storage.

Chinese electronics and engineering company Huawei, which also manufacturers inverters for solar PV systems, is starting the supply of its FusionHome Smart Energy Solution, providing solar-plus-storage capabilities to the Australian residential market during the first quarter of 2018.

China-headquartered PV inverter manufacturer Sungrow has supplied a complete energy storage system to a commercial and industrial (C&I) solar-plus-storage project in the Bahamas.

With the rise of solar-plus-storage applications round the world, Frank Qiao, sales director at Growatt New Energy, talks to PV Tech about some of the key inverter trends and new products.

SolarEdge is rolling out a new complete residential solution throughout Europe that combines inverters, storage and home automation. The idea is to manage and monitor electricity consumption, solar energy generation and storage through one central device control that enables enhanced energy independence and increases self-consumption.

Solar tracking manufacturer NEXTracker has unveiled a storage solution paired with its PV tracking infrastructure.

German inverter manufacturer SMA and Korean battery maker LG Chem have teamed up to offer a residential solar storage solution in Europe and Australia from December 2016 onward.