ShenZhen UFO Power Technology Co., Ltd.

ShenZhen UFO Power Technology Co., Ltd.

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ShenZhen UFO Power Technology Co., Ltd.
HomeNewsA Signal of Growth in "Solar + Battery Energy Storage" in 2021

A Signal of Growth in "Solar + Battery Energy Storage" in 2021

2021-03-11
Energy crisis around the world has led to the eager for energy sustainability and greener world. The use of renewable energy sources for power generation is increasing to replace traditional energy sources such as fossil fuel. Solar, as a renewable energy, has become common and feasible solution for power supply nowadays .

According to the BNEF report, there is a signal of increasing growth in solar energy utilization. The BNEF forecasts that the capacity of solar installation is more than 150GW in 2020 and this can reach up to 194GW in 2021 with the increasing investment in renewable energy.


global new investment in renewable energy


However, the sun does not always shine. The increase in annual solar photovoltaic deployment also accelerate the Battery Storage development. Solar plus battery storage is a new technology to help stored excess energy for later power supply. As the GlobalData report says, the global battery Energy Storage is predicted to reach $11.04bn in 2025, and the market growth is expected to increase to about $5bn in 2025. The transformation of the global power industry facilitates the growth of renewable solar energy and battery storage. And [solar plus battery storage also improve the flexibility and sustainability of power network, according to GlobalData.

battery energy storage market value 2018-2023



Lead acid battery and lithium iron phosphate (LiFePO4) battery are two main batteries that used for energy storage system. With the characteristic of high energy density, lightweight, less maintenance, the safe and stable LiFePO4 Battery has gradually replaced the traditional lead acid battery and gain popularity for solar energy storage application.


For over a decade, UFO POWER is focus on Lithium Battery For Solar energy storage system, especially for residential and commercial use. [We are committed to bring electricity power for every family and keep their lights on at anytime." said UFO general manager Mike. UFO home battery series offers a reliable but affordable power solution for household. It is smart battery with LiFePO4 technology, and at the heart of each UFO home Lithium Battery is our self-developed BMS to ensure the battery safety, including the protection of overcharge, over discharge, over current, short circuit, temperature. Now, relying on our newly design protocols conversion module, UFO home battery series can be widely compatible with 13 popular international inverters. We support Growatt, SMA, Victron, Deye, Solis, Luxpower, Sacolar, Sorotec, Voltronic Power, SOFAR, GOODWE, Amensolar, and Solark.



Inverter


UFO lithium battery for home



If you have other requirement for the inverter and lithium battery, just contact us to get a solution.

HomeNewsA Signal of Growth in "Solar + Battery Energy Storage" in 2021
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