“170 GWh by 2024: The Future of Battery Storage Unveiled”

**The Growing Role of Battery Storage in Solar Energy Systems**

The solar industry is evolving rapidly, and one of the most exciting advancements is the surge in stationary battery energy storage installations. As the demand for renewable energy grows, the rise of battery storage solutions is poised to revolutionize how we think about solar energy for homes and businesses. For anyone exploring the possibilities of solar panels for your home or considering installing a solar array for home use, it’s time to take a closer look at how energy storage enhances the benefits of going solar.

### Why Energy Storage is Booming

Stationary battery systems are no longer taking a backseat in the energy sector. For years, the focus was primarily on lithium-ion batteries for electric vehicles (EVs) and consumer electronics. While these applications received the lion’s share of production and innovation, batteries for utility-scale energy storage or home systems were often sidelined.

But that has started to change. In 2024, battery producers significantly ramped up operations in response to the increasing demand for energy storage in solar applications. According to BloombergNEF, the share of stationary battery installations is projected to grow from just 6% of global battery deployments in 2020 to an impressive 16% by

Original Article: https://pv-magazine-usa.com/2024/12/18/bloombergnef-stationary-storage-installations-surge-to-170-gwh-in-2024/

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