Simply put, green home energy storage is the process of storing electricity generated from renewable energy sources, such as solar energy, to be used when needed. It can help households reduce their dependence on the traditional grid and lower the cost of their electricity bills, while improving energy efficiency.

Firstly, the capacity of the energy storage system is determined according to the household's electricity consumption and habits. If the household consumes a lot of electricity or often faces situations such as power outages, then it needs to choose an energy storage system with a larger capacity. The charging and discharging efficiency of the energy storage system should also be considered to ensure that it can supply power to the household quickly and efficiently.

If you are considering going solar, there are a few things you need to know. First, you need to determine if your home is a good candidate for solar installation. This depends on a number of factors, including the amount of sunlight your home receives, the size of your roof, and your energy usage.

In recent years, the market demand for integrated PV modules + energy storage systems has been growing. According to MarketsandMarkets, the global market for integrated PV modules + energy storage systems will reach USD 10 billion in 2025.

The principle of solar power is the photovoltaic effect. When sunlight hits a semiconductor material, it creates electrons and holes on the surface of the material. These electrons and holes flow in response to an electric field, which creates an electric current.

The energy landscape is undergoing a transformation, and at the forefront of this shift stands a powerful duo: solar energy and energy storage. The coupling of these technologies, known as the solar + storage model, is rapidly gaining popularity, and for good reason.

These benefits are attracting the attention of a growing number of investors. According to Bloomberg New Energy Finance (BNEF), global investment in residential energy storage reached $15 billion in 2022, a 70% increase year-over-year.

Among the three major trends in the development of lithium batteries, high energy density is currently the most urgent need. With the increasingly high requirements for range and capacity in electric vehicles, energy storage and other fields, the energy density of lithium batteries has become the focus of industrial development.

A home energy storage system is a combination of solar panels, storage batteries and inverters. The solar panels convert sunlight into electricity, the storage batteries store the electricity, and the inverter converts the electricity into alternating current (AC) for home use.

According to the International Energy Agency (IEA), the global solar energy storage battery market reached $120 billion in 2023 and is expected to reach $600 billion by 2030.