News

The energy landscape is undergoing a transformation, and at the forefront of this shift stands a powerful duo: solar energy and energy storage. The coupling of these technologies, known as the solar + storage model, is rapidly gaining popularity, and for good reason.

These benefits are attracting the attention of a growing number of investors. According to Bloomberg New Energy Finance (BNEF), global investment in residential energy storage reached $15 billion in 2022, a 70% increase year-over-year.

A home energy storage system is a combination of solar panels, storage batteries and inverters. The solar panels convert sunlight into electricity, the storage batteries store the electricity, and the inverter converts the electricity into alternating current (AC) for home use.

The unprecedented scale of the exhibition will reach 155,000 square metres of exhibition space, with more than 600 exhibitors and 14,983 visitors. The exhibition will showcase the latest solar technologies, products and services, including high-efficiency solar cells, smart inverters, energy storage systems and more. A series of exciting events will be held at the show, including technical seminars, industry forums, product demonstrations and more.

Home energy storage systems are similar to micro energy storage power stations, and their operation is not affected by city power supply pressure. During low power consumption times, the battery pack in a home energy storage system can recharge itself for use during standby power peaks or power outages. In addition to being used as an emergency power source, since the home energy storage system can balance the power load, it can save household electricity costs to a certain extent.

The battery is the heart of the home energy storage system and is responsible for storing electricity. Home energy storage batteries usually use lithium-ion batteries, which have high energy density, long service life and good safety.