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Hybrid Solar Wind Energy Storage Market Share

  • Report ID: GMI2438
  • Published Date: Mar 2018
  • Report Format: PDF
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Hybrid Solar Wind Energy Storage Market Share

Notable hybrid solar wind energy storage market participants include

  • ReGen Powertech
  • General Electric
  • Vestas
  • Siemens Gamesa
  • Vattenfall AB
  • Goldwind
  • Suzlon
  • Alpha Windmills
  • Blue Pacific Solar
  • Zenith Solar
  • Unitron Energy
  • Polar Power
  • Grupo Dragon
  • Tesla
  • A123 Systems

Major players across industry are focussing on mergers and collaborations as a part of their strategic move towards product development. Siemens collaborated with AES with an objective to form a new energy storage company. The joint venture, Fluence, will integrate AES’ operational excellence in utility-scale storage with Siemens’ engineering & sales resources.

Authors: Ankit Gupta, Abhishek Chopra

Frequently Asked Questions (FAQ) :

The market size of hybrid solar wind energy storage was valued at over USD 1 billion in 2016.

The industry share of hybrid solar wind energy storage is projected to grow at over 9.8% between 2017 and 2024.

Continuous technological developments, reducing costs of storage systems and abundant supply of solar and wind energy will drive the deployment of hybrid energy storage systems in the United Kingdom.

Residential end-use segment is predicted to expand at over 7% CAGR through 2024 led by existing grid electrification initiatives across emerging economies and rise in awareness about the installation of renewable energy systems.

According to the analysts at GMI, the standalone product segment is anticipated to witness growth of over 5% during the forecast period.

Notable market participants include ReGen Powertech, General Electric, Vestas, Siemens Gamesa, Vattenfall AB, Goldwind, Suzlon, Alpha Windmills, Blue Pacific Solar, Zenith Solar, Unitron Energy, Polar Power, Grupo Dragon, Tesla, and A123 Systems.

Hybrid Solar Wind Energy Storage Market Scope

  • Hybrid Solar Wind Energy Storage Market Size
  • Hybrid Solar Wind Energy Storage Market Analysis
  • Hybrid Solar Wind Energy Storage Market Share

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    Premium Report Details

    • Base Year: 2016
    • Companies covered: 18
    • Tables & Figures: 213
    • Countries covered: 10
    • Pages: 180
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