**How Energy Storage Innovation Shapes the Future of Solar**
In recent years, the solar industry has grown at an impressive rate, becoming one of the most viable options for clean energy. Yet, no solar system is complete without one critical component—energy storage. While solar panels for your home generate electricity during daylight hours, energy storage solutions ensure that you can still power your home after the sun sets. The rapidly advancing battery and storage technologies are revolutionizing how solar arrays for homes function, shifting the boundaries of renewable energy possibilities.
### Why Energy Storage is Crucial for Solar
A solar array for home use generates energy when sunlight is abundant, but without a storage solution, any excess electricity is sent back to the grid. Batteries and other energy storage technologies allow homeowners to store that energy and use it on cloudy days, at night, or during grid outages. This not only enhances energy independence but also optimizes the return on investment for homeowners invested in high-quality solar panels.
The International Energy Agency predicts that global energy storage capacity must increase sixfold by 2030 to support the integration of solar and wind into the global energy mix. This demand has spurred incredible innovation in batteries and energy storage solutions. For early-stage companies working in these fields
Original Article: https://pv-magazine-usa.com/2024/12/13/the-critical-path-for-startups-in-the-energy-storage-and-battery-market/
