The Benefits of Battery Storage for Solar Energy and the Uptake of Batteries
The uptake of batteries for solar energy has been steadily increasing over the last few years. According to a recent report by BloombergNEF, global battery storage installations grew by 40% in 2023, reaching a total capacity of 5.5 Gigawatts (GW). This significant growth is due to several factors, including:
Battery storage is an important part of the transition to renewable energy, offering a range of benefits for homeowners and businesses. The uptake of batteries has been steadily increasing, driven by falling costs, government incentives, and increased awareness of the benefits of renewable energy. If you're considering installing solar panels, it's worth considering a battery storage system as well, to take advantage of the many benefits of this technology.