The demand for integrated battery storage systems in rooftop solar installations is creating new business opportunities.
FREMONT, CA: As more and more houses look to adopt rooftop solar energy systems, new market trends are bound to emerge. One of the expected trends is the growth in demand for batteries, which provide backup for rooftop solar panels. The popularity of solar energy has soared in recent years with a fall in the prices of solar energy harnessing equipment, including solar panels. This resulted in a market for rooftop solar installations. Currently, the trends are taking a new turn as battery technologies advance.
As an alternative to conventional energy from the grids, rooftop solar has found many takers. However, the fluctuations in the availability of sunlight make rooftop solar less reliable. By introducing rooftop battery storage for solar, the reliability of solar energy installations can be improved significantly. Recently, the development of batteries also picked up pace resulting in affordable ones that can store varying capacities of solar energy with a high degree of efficiency. With the commercial viability of energy storage systems, one can expect new business opportunities for rooftop solar providers.
For households planning to install rooftop solar energy systems, the prospects of having battery storage are very attractive. With the ability of storage, solar energy becomes more dependable. Even when sufficient sunlight is not available for days, stored solar energy will be available. These factors are bound to contribute towards demands for add-on storage with rooftop solar. Companies involved in producing, installing, and maintaining solar energy units can expect a surge in demand from existing and new customers for residential energy storage solutions.
An article published in Green Tech Media talks about the market prospects of batteries for rooftop solar installations while highlighting the fact that more and more households are vying to invest in energy storage solutions because of the recent blackouts that caused severe disruptions. Thus, it is safe to say that there is a steady growth in demand for battery additions to solar units through which has resulted in new sources of revenue for companies offering rooftop solar.