The solar market is thriving, and demand for batteries and storage is also rising steadily.
Market researchers have predicted photovoltaics (PV) deployment of roughly 100 gigawatts (GW) for 2018.
At the same time, the global market for batteries and fuel cells is already worth 5.5 billion euros and is forecast to exceed 81 billion euros by 2025.
The industry’s impressive growth is fuelling a boom in production.
Everything points to a continuing upward trend in the coming years – prompting major trade events, such as Germany’s Intersolar and EES Europe, to focus more closely on production technologies.
A spokesperson for Intersolar and EES Europe said: “In 2019, the two energy exhibitions will dedicate a whole hall to this topic for the first time.
“Exhibitors and trade visitors can learn all about PV and battery production technologies. They will gain essential first-hand knowledge of the latest developments and innovations.”
Solar energy is playing an increasingly dominant role in the energy industry.
Forecasts for 2018 anticipated that new solar power systems with a capacity of around 100 GW would be installed worldwide. The trade association SolarPower Europe even predicts that, within the next five years, more than 1,000 GW of PV power will be installed.
This upward trend is being driven by innovative and cost-effective production technologies, a rapid rate of progress, and guaranteed quality and reliability.
The outlook for the storage market is equally promising.
Bloomberg New Energy Finance predicts that the annual installation rate of stationary storage devices will increase significantly by 2030. Another factor driving growth on the battery market is the rapid expansion of e-mobility.
The combination of a booming market, pressure to innovate, and plans for new production plants around the world means that manufacturers now need to expand production and utilise the latest technologies.
E-mobility drives growth in the battery market
In Germany, the market for battery storage systems has tripled over the past three years and more than 100,000 solar storage units are already in operation as of August.
Demand for high-capacity commercial storage systems is growing, too. In June, for example, a battery storage facility with a capacity of more than 50 megawatt hours (MWh) was set up in Pelham, England to provide grid services.
The research institute Bloomberg New Energy Finance predicts that the annual installation rate of stationary storage devices will increase significantly to a capacity of 125 GW with a storage volume of 305 gigawatt hours (GWh) by 2030.
Alongside stationary storage equipment, mobile systems are also contributing significantly to the boom in the storage market. With electric vehicles expected to make up a third of all new vehicle registrations worldwide perhaps within a decade, the demand for batteries is increasing, too.
A number of businesses and consortia are currently setting up large-scale production plants for lithium-ion battery cells in Europe to respond to this demand.
Politicians have also recognised the need for greater manufacturing capacities and have introduced incentive programmes for battery production.
Large exhibition area for production technologies
To do justice to the current boom in the industry, Intersolar and ees Europe will set aside ample exhibition space for a special focus on production technologies for PV and batteries, with a whole hall dedicated to the topic.
The spokesperson said: “This will allow the PV and storage industry to present its production solutions and innovative manufacturing technologies. A comprehensive accompanying programme including the production technologies forum will consolidate the focus on these areas.”