Solar irrigation and solar off grid home systems

  Europe is now the world's largest market for home energy storage , according to a new study by Wood Mackenzie, a research firm.  Over the next five years, the European   residential energy storage   market will grow faster than Germany, which is by far the market leader in Europe.    Cumulative deployed residential storage capacity in Europe is expected to grow fivefold to 6.6GWh by 2024.  The region's annual deployment will more than double by 2024, with 500MW/1.2GWh deployed annually.    Other European countries outside Germany are beginning to deploy   residential energy storage systems   widely, especially in light of the market structure, current electricity prices and declining feed-in tariffs, which create good deployment prospects.    While the economics of   solar energy storage systems   have been challenging in the past, the market has reached an inflection point.  Major markets in Germany, Italy and Spain are moving towards grid parity for residential solar + stor

  In July 2021, the European Commission proposed a revision to the Renewable Energy Directive (REDIII), increasing the EU target to a minimum 40% of renewable energy sources in the overall energy mix by 2030. MEP Pieper’s report endorses this 40% RES target and proposes amendments on other articles.  Walburga Hemetsberger, CEO of SolarPower Europe, “We know we are entering code red for humanity: 2°C warming will be exceeded within this century unless we make deep reductions in GHG emissions. A minimum EU 45% renewables target for 2030 is necessary to keep the continent on track to meet its climate commitments. With the right policy frameworks, a higher renewables target is within reach, and the yes to 45% RES campaign,endorsed by IPCC scientists, calls on the European Parliament to make this necessary step in the fight against climate change.”  Tags:   Hybrid Solar System ,   On Grid Solar System