Solar Panel Company Now To Sell Lithium-ion Batteries

What started out as a solar cell and panel company is now incorporating lithium-ion batteries in its range of products. SunPower’s CEO Tom Werner, explained that selling energy in the future would require storage technology, and selling batteries along with their panels would increase the company’s competitiveness.

While SunPower has experimented with other battery technologies before, lithium-ion “will likely be the first technology to have an impact,” said Jack Peurach, executive vice president of products. SunPower’s move is a significant step in helping the company to increase its share the commercial and residential market.

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