Industry mulls PV storage potential

The residential market for PV storage systems is expected to take off only slowly

The residential market for PV storage systems is expected to take off only slowly

The fledgling PV storage systems sector is in for considerable growth in coming years thanks to a German government subsidy scheme, but analysts disagree just how fast the sector will be able to take off.

“We’re predicting quite explosive growth in energy storage in conjunction with PV systems to happen over the next five years, yet again led by Germany,” Ash Sharma, director and principal analyst at IHS Solar in the UK, said during a panel discussion at the Intersolar conference in Munich.

“We see in the PV industry that what happens in Germany comes to then trickle to the rest of European markets in terms of policy and lawmaking. Germany is often seen as test case.”

Sharma acknowledged that new subsidies for solar storage Log in to read complete article.

Become a Recharge subscriber!

Or try our free trial.

Order Subscription

Already a member?

Login


Recharge Monthly Magazine