Energy storage is a crucial hub for the entire grid, augmenting resources from wind, solar, and hydro to nuclear and fossil fuels, demand-side resources, and system efficiency assets. It can act as an asset of generation, transmission, or distribution-sometimes in a single asset. Ultimately, storage is an enabling technology. It can help consumers to save money, improve reliability and resilience, integrate generation sources, and help reduce impacts on the environment.
With growing momentum in the segments of floating solar and electric vehicles, the emphasis on energy storage solutions has increased several folds, thus going beyond conventional segments. In particular, the success of the EV segment relies mostly on an efficient energy storage solution. This has resulted in both traditional battery companies and new entrants, realizing the potential to align their focus with the development of Lithium-ion batteries, which can provide a significant impact.
The evolving technological landscape of the energy sector has made energy storage a reality for solar power. Significant developments in the domain also resulted in several major players, including energy storage in their Independent Power Projects (IPPs), or expanding their offering to make e-mobility a reality. This, in turn, had an impact on the ability to expand its reach and realize its potential.
In light of this, Energy CIO Insights has compiled a list of top 10 energy storage solution providers who are providing eminent energy storage solutions to the customers along with their unique services.
We present to you, “Top 10 Energy Storage Solution Providers - 2020."