Why do we need energy storage systems in Germany?

Increasing the share of renewables poses new challenges: Excess energy produced during off-peak hours needs to be stored and made available when needed. Since energy storage systems (ESS) can balance supply and demand, they are an essential part of Germany’s energy transition. In line with this, the market for ESS is constantly growing.

What is GE inverter?

Known as the world leader in photovoltaic and energy management systems, with its mission of “Driving the transition to renewable energy through innovative inverter solutions, ” GE inverters are renowned for their high energy efficiency, achieved by integrating PV with storage and e-mobility.

Does Germany have a grid-parity for photovoltaic & energy-storage?

In 2018, photovoltaic (PV) and energy-storage for households reached grid-parity: storing PV energy with batteries became cheaper than the price from the public power network. However, the majority of PV systems in Germany are not yet connected to batteries – in 2018 only 8% were equipped accordingly.

How many PV systems in Germany are connected to batteries?

However, the majority of PV systems in Germany are not yet connected to batteries – in 2018 only 8% were equipped accordingly. It is expected that by 2028, this number could increase to over 80%. Opportunities and Market Entry for U.S. companies

Are Ge solar inverters a good choice?

With more than 40 years of experience in solar systems, GE inverters are also renowned for their high energy efficiency. Since 2008, SMA Solar Technology AG has been listed on the Prime Standard of the Frankfurt Stock Exchange and the TecDAX and MDAX indices.

Who is Kontron Solar GmbH?

Kontron Solar GmbH is now a part of Kontron AG as of 2024, and one of the top 6 solar inverter companies in Germany. The company specializes in high-end power electronics, including grid inverters, energy storage systems, and control technology for photovoltaic and fuel cell systems.