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.
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.
