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The global market for grid-connected residential photovoltaic (PV) solar installations coupled with energy storage is predicted to grow tenfold to reach more than 900 megawatts (MW) in 2018, up from just 90 MW in 2014, according to new analysis from IHS Technology (NYSE: IHS). This expanding opportunity for PV companies and battery manufacturers largely will be driven by the increasing …
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Residential Solar Energy Storage Market to Grow by Factor of 10 from 2014 to 2018
The global market for grid-connected residential photovoltaic (PV) solar installations coupled with energy storage is predicted to grow tenfold to reach more than 900 megawatts (MW) in 2018, up from just 90 MW in 2014, according to new analysis from IHS Technology (NYSE: IHS). This expanding opportunity for PV companies and battery manufacturers largely will be driven by the …
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