Energy storage in Germany has been on the rise for a few years now, with the industry showing substantial annual growth. The residential market, especially, has seen a surge in demand, with independent users shifting to clean energy sources for their residential energy needs. The residential market involves a large number of residential projects that are predominantly catering to individual users. These storage systems are sometimes installed with renewable generation equipment such as solar PV or are installed as standalone systems in other instances. The growth in the residential storage market is due to the polices and incentives introduced by state/city governments, and it is expected to grow substantially as Germany achieves its clean energy goals.

Energy Storage Service Overview
The research presented in this article is from PTR's Energy Storage service. For information about this service please submit a request shown below.
Contact Sales:
Europe
+49-89-12250950
Americas
+1 408-604-0522
Japan
+81-80-7808-1378
GCC/Rest of APAC
+971-58-1602441
More about our:
Energy Storage Market Research
Recent Insights
Impact of Covid-19 on Power Grid Equipment
The global economy witnessed an unprecedented decline owing to COVID-19 and associated lockdowns in the year 2020. The most widespread lockdown was...
Impact of US Elections On Global Energy Market
Joe Biden, a Democrat, is the apparent winner of the U.S. Presidential race as a result of elections held on November 3rd, 2020. Recent elections...
Top 3 Battery Technology Providers Globally – Energy Storage Value Chain Monitor
More about our Energy Storage Value Chain MonitorContact: Rida Arshad - Energy Storage Value Chain Monitor Lead Analyst rida.arshad@americas.ptr.inc...



