According to market research agency EuPD’s forecast, Germany’s demand for solar energy storage battery systems will increase substantially, and the number of sales will rise from 6,000 in 2013 to more than 100,000 in 2019. The German solar storage battery market will explode in the next three years. At the Intersolar China exhibition held in Beijing from March 26th to March 28th, experts from the German Federal Foreign Trade and Investment Agency will introduce German business opportunities in this field to Chinese entrepreneurs.
The price of batteries will drop sharply in the next few years, which shows that storage batteries will become more attractive. Germany has great potential in the field of solar storage batteries. Germany has 1.4 million installed photovoltaic devices, of which at least 1 million are used in private residences. All of these old equipment will be gradually refurbished with solar storage batteries in the next few years. For private users, they can use cheap solar energy at night by purchasing solar energy storage battery equipment.
“Many households with photovoltaic equipment will pay off the purchase price of the equipment in the next few years, and some have not even fully enjoyed the 20-year feed-in tariff subsidy policy. But these photovoltaic equipment will continue to produce electricity, and the price is very cheap The current. Solar storage batteries are the next logical investment, so that they can use more competitive and cheap photovoltaic power by themselves.” said Han Peide, the representative of the German Federal Foreign Trade and Investment Agency in China.
The German Federal Agency for Foreign Trade and Investment is the foreign trade and domestic investment agency of the German Federal Government. The agency provides consultation and support for foreign companies entering the German market, and assists companies established in Germany to enter foreign markets.