Commercial and industrial (C&I) energy storage in Europe, described by one analyst as “beginning to take off”, is the “most exciting” segment of the market at the moment, according to BYD’s global service partner.

At this year’s Intersolar Europe/ees Europe event, Ron Shen of GoodWe spoke on camera with our sister site PV Tech. The China headquartered inverter manufacturer, which has recently diversified into adding capabilities such as module-level monitoring and optimisation to its range and launched products specifically aimed at the growing market for bi-facial (two-sided) solar panels, sees energy storage as a critical component of a successful future PV business.

Europe’s installed base of electrical energy storage leaped by almost 50% during 2017 but perhaps the bigger takeaway is the growing share of battery systems installed behind-the-meter, an analyst has said.

As early as next year, demand for energy storage in consumer electronics could be overtaken by markets for electric mobility and stationary energy storage, Lux Research has forecast.