WEDNESDAY 18 JULY, 2012 |
Hanwha SolarOne To Offer Home Solar With Battery Storage
Hanwha SolarOne is the latest solar panel manufacturer to set its sights on
combining its products with energy storage systems for residential applications.
feed in tariffs
less than stellar in some regions - or perhaps not existing
at all - and electricity prices skyrocketing; demand is increasing for
residential solar power systems that incorporate energy storage.
Such systems can store electricity generated by solar panels during favourable
conditions, allowing the household to draw on the resource at night or on
heavily overcast days; further avoiding costly mains grid power.
has announced a strategic partnership with Silent Power for the development of a complete solar power and energy storage system for
residential, commercial and industrial markets. The first product bundle is
expected to be rolled out in the USA by September this year.
"We know from our customers that energy storage is an essential key to unlocking the full potential of renewable
energy," said Charles Kim, president of Hanwha SolarOne. "It enables a smarter energy grid and achieves reliability and value for a solar
Silent Power's OnDemand Energy Appliance can also provide backup power to the
household during grid outages and can be called on by an electricity company to provide power to the electric grid during times of peak
This latter feature is particularly interesting in that peak power can be incredibly
for electricity companies to source; costing upwards of
$5,000 per megawatt hour at wholesale rates - or $5 per kilowatt hour.
When these residential energy storage systems start becoming commonplace in
homes in Australia, it remains to be seen if households using them will be
rewarded with a payment or credit equivalent or close to the wholesale
at the time the power is called upon. If not, electricity
companies may find themselves being locked out of accessing this valuable
Earlier this year, Kyocera also announced plans to incorporate
into energy storage for home solar energy systems. In
announced its own compact long-life lithium-ion battery system
for residential solar power applications.
Perhaps it may not be too long before many grid connected homes in Australia
become virtually "off grid" solar households.
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