Market Trends

Utility-scale energy storage systems reduce power fluctuations

The energy transition brings with it many challenges, one of which is the fluctuating energy production of wind and solar installations. The production is dependent on weather conditions and therefore changes from day to day. Local electricity grids would have to be designed in such a way that they can cope with the maximum load, even though that load can only be reached few times a year. For that reason, a smarter system is required. The solution – utility-scale energy storage systems! more

The battery market – driving the energy transition

With the energy transition becoming increasingly important in many countries around the world, the battery market has seen a significant boost in recent years. Sales of energy storage systems as well as batteries for electric cars have gone up as interest in renewable energies and e-mobility has increased. At the same time, battery production technologies have been improved and innovative new ideas have been introduced. All of this leads to plummeting prices for energy storage systems, especially lithium-ion cells. more

Residential energy storage – a step toward a cleaner future

More and more homeowners turn to renewable energies and implement residential energy storage systems such as solar storage or photovoltaic installations. There are several reasons for this increase, with the most important one being the plummeting prices of lithium-ion batteries and other storage systems. This can be attributed in part to new large-scale production facilities that make battery assembly more cost-effective. In addition, some countries such as Germany offer subsidies for renewable energies in order to make the investment more economically viable for homeowners. more

Commercial energy storage: leading the way to virtual power plants

Many businesses – small, medium, or large companies – have started generating their own clean energy by using photovoltaic installations and small wind farms. Since the amount of energy that can be generated depends on the weather conditions, it fluctuates from day to day and from season to season. Commercial energy storage systems enable the companies to store excess energy until it is needed and thus optimize self-consumption or on-site consumption. more

Energy storage systems make wind and solar power more accessible

Renewable energy storage systems are one of the key components to a successful energy transition. Their aim is to supply power reliably and with high cost efficiency. Most renewable energies such as wind or solar power pose a challenge in that the energy generation fluctuates from day to day and from season to season. more

E-mobility needs renewable energy

If everything runs according to the German government’s plan, 6 million electric vehicles will be on German roads by 2030. Market researchers at Navigant Research anticipate this magnitude of sales on the global market within the next seven years. more

Self-consumption of solar power pays off

For homeowners with new photovoltaic panels, it makes more sense to consume their own solar power rather than paying for expensive electricity from utility companies. According to a survey by the German Solar Association (BSW-Solar) and ees Europe, a turnkey solar storage battery now costs 40% less than it did three years ago. At the same time, the prices for domestic solar power production are now often only half of what power companies charge. more


Large-scale storage systems combine many small, renewable energy systems, turning them into virtual power plants

It takes a large storage system to make the most of the multitude of small photovoltaic installations and wind farms. It can turn them into a cluster that can provide reliable electricity, replacing conventional large-scale power stations. Known as virtual, combined or swarm power stations, these decentralized, renewable power plants can even provide balancing power to offset fluctuations in the electricity grids. more


Storing solar power safety

Stationary battery systems are increasingly being fitted in residential buildings to store the power generated by photovoltaic installations. To guarantee their safety, research institutions, manufacturers and associations have published a safety guide. In conjunction with a free storage passport for consumers, this forms a comprehensive safety concept introduced by the industry long ago. The storage passport documents the quality of the components and confirms that they have been installed in a technically correct manner. more


The market for electrical storage systems is growing

Sales of energy storage systems are trending upwards. The German Solar Association (BSW-Solar) predicts that 20,000 new solar storage systems will be installed in Germany this year – as compared to 17,000 last year. Industry experts expect this number to continue to increase in the coming years. more



Automobile manufacturers move into battery production

As efficient and environmentally friendly mobility solutions (when charged with renewable energy), electric vehicles make an important contribution to the energy transition. The expected boom in e-mobility has seen a huge increase in demand for lithium-ion battery suppliers. more