The energy storage market is about to hit a critical point as it emerges as an affordable solution to integrate renewable energy generation such as solar and wind power. The confluence of decreasing costs and improving performance of batteries, together with advanced software and analytics, will propel energy storage into a mainstream technology.
While there are only a few hundred energy projects around the globe today, there are potential for millions of installations as the technology matures and is adapted for all sectors of the economy. While the residential energy storage market is starting to take off in the US, Europe, and Japan, there are only a small number of efforts to deployment robust storage options in the commercial and industrial sectors. Stalwart Power addresses these markets.