Energy storage period is coming!

A new survey conducted by IMS Research – now part of IHS Inc. – of more than 400 global photovoltaic (PV) inverter customers has revealed a rapidly growing need for energy storage in PV systems. Despite the infancy of the energy storage market, nearly one third of respondents indicated that they expect to be using energy storage in over 40 percent of the PV systems they install by 2015. The recent survey of global installers,system integrators and wholesalers also revealed that Chinese PV inverters are gaining acceptance and that the high price of microinverters is the main barrier to them gaining share.