This report provides a detailed
analysis and forecast of the markets for energy storage for the solar industry
with coverage of both the photovoltaics (PV) and concentrated solar power (CSP)
sectors. Opportunities are identified for the full range of storage
options including batteries, supercapacitors and mechanical systems.
A lot has happened since NanoMarkets
last examined this market. Perhaps most dramatically, small PV
installations, which just a year ago would never have considered installing any
kind of storage facility are now being pushed into buying batteries because of
declining feed-in tariffs (FiTs) and other subsidy reductions. At the
same time, utility-scale solar – both PV and CSP – are also adopting strategies
for large-scale storage solutions and in some cases such storage is even being
mandated by government. Meanwhile, Smart Grid deployment is continuing to
drive solar energy storage markets as grids find that they need storage a way
of protecting the grid from the variability implicit in all solar generation
technologies.
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This report also contains
discussions of how the leading firms in the energy storage space are adapting
their products and product strategies for solar markets. In addition,
many examples are also given of solar installations that are using storage in
ways that suggest new directions for revenue generation in this sector.
Finally, this report assesses all
the currently available storage technologies for the storage of solar generated
power and determines how they can fit into solar industry landscape, both now
and in the future. The report also quantifies all the major markets for
solar-related energy storage in an eight-year market forecast in both volume
and value terms. This market forecast is broken out both by technology and the
region into which the solar storage products are expected to be sold.
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