21 Sep '13, 5pm

#EnergyStorage Gets Bright Outlook For Commercial #Solar

#EnergyStorage Gets Bright Outlook For Commercial #Solar

Storage Gets Bright Outlook For Commercial Solar Friday, September 20th 2013 3:59 PM By GetSolar Staff. With solar installations becoming more efficient and cost-effective, some utilities are looking to energy storage technology to make large-scale solar farms even better. According to data from a report by IHS, a market research group, the role of energy storage in the photovoltaic industry is poised to expand rapidly in the next four years, especially in the commercial sector - currently the smallest user of solar energy storage among the global marketplace, reported PV Magazine. "Just last year, commercial was the smallest market for PV storage systems, far behind the residential and utility-scale segments," said Abigail Ward, PV analyst at IHS. "However, facing rising energy prices and the growing need for backup power supplies, commercial enterprises are turning to PV...

Full article: http://www.getsolar.com/News/Solar-Energy-Facts/General/S...

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