Germany Announces €50m Solar Storage Incentive

Germans with solar storage systems below 30 kilowatts will receive subsidies that could cover 30 percent of their battery system’s cost.

The subsidies are targeted at the system’s energy capacity rather than power capacity, says Brian Warshay of Lux Research, because the solar shifting application requires more energy than power. As such, lithium-ion batteries, which have a shorter discharge duration than molten or flow batteries, will not gain from the incentives.

Over a third of PV inverter customers surveyed said that they will be using solar storage systems by 2015, and almost two thirds said they would pay between 10 to 29 percent for additional installation of storage systems.

Source and Read More 

If you want to know more about this and other topics directly from end users of energy storage technologies join us at one of these annual events: The Energy Storage World Forum (Grid Scale Applications), or The Residential Energy Storage Forum, or one of our Training Courses.

LATEST ARTICLES

When Global Green Economy Met Energy Storage

Our energy system is dynamically evolving. The realization of the urgency towards Net Zero, Green economies has been more pressing than ever. The energy transformation serving a more sustainable future, safeguarding our ecosystem and protecting our planet is of paramount importance for many developed and developing nations across the globe. In this analysis, we delve…

Read More

Ultracapacitor UPS (U-UPS) for voltage dips and micro-interruptions

Power interruptions are the most frequent power supply problems with wide-ranging consequences for industry. The causes of these interruptions include short-circuits in the distribution grid, lightning strikes, the connection and disconnection of power plants as well as volatile energy producers such as wind and solar. Because technologies and production processes are becoming increasingly complex, the…

Read More

★REVIEWS

“Probably the most interactive and well organized storage event on the calendar.”

★★★★★

Sales Director, S&C

“Great topics, competent speakers, good networking: keep it like that.”

★★★★★

TLC & SCADA Manager, FRI-EL

“High scientific content, well targeted, perfect organization.”

★★★★★

Expert Technical & Governance, Elia

Excellent networking event. The sponsorship was well worth it.”

★★★★★

Manager, ATL

View More

x