Residential Storage Battery Manufacturer in France

The European residential storage battery market has grown significantly during the energy crisis, but it has remained relatively small in France. Nevertheless, battery manufacturers expect higher demand due to rising electricity prices.

Installment of Battery Energy Storage System(BESS) in Europe

SolarPower Europe says the number of battery energy storage systems(BESS) in residential buildings throughout Europe jumped from 650,000 installations in 2021 to more than 1 million in 2022, due to the rising energy prices by the war in Ukraine.

This sharp market growth is contributed by 5 countries in Europe - Germany, Italy, Austria, the United Kingdom, and Switzerland.

But France is lagging behind. In France,

• Electricity prices remain lower than the levels observed in other European countries.

• Solar-plus-battery systems lack of incentives

• Higher B2C solar system Installer quote prices

• The return on investment takes up to 12 years

  
  

All makes the solar battery storage system unattractive in France. However, there is a shift in the market in recent months. The French government mentioned possible power cuts in this winter. An consumer interest in the type of battery storage system is increased.

As the battery and pv inverter manufacturer, SVC Power launches residential solar inverters VMH/HRT Series with the capacities ranging from 3KVA-10KVA. Lithium iron phosphate (LFP) battery storage, and one-stop energy storage solution.

If you are finding top solar inverter manufacturer, contact us.