48V Solar Batteries Become The Dominant Player in The Home Energy Storage Market

With the development of battery technology and the rapid decline of cost, 48V solar batteries have become the dominant player in the home energy storage market, with the market share of new chemical batteries reaching over 95%. In Europe and the United States and other countries and regions, the home lithium battery is hereafter ushering in the white-hot stage of large-scale commercialization.

Home energy storage system mainly refers to the installation of residential photovoltaic system in the energy storage system, its mode of operation, including independent operation, and small wind turbines, rooftop photovoltaic and other renewable energy generation equipment supporting operation, as well as home thermal storage equipment.

Applications of home energy storage system include: electricity bill management, control of electricity costs; power supply reliability; distributed renewable energy access; electric vehicle energy storage battery applications, etc.

Home energy storage system is similar to a miniature energy storage power station, and its operation is not affected by the pressure of urban power supply. In the low time of electricity consumption, the 48v solar battery bank in the home energy storage system can be charged by itself for use in the peak of electricity consumption or power failure. In addition to being used as an emergency power source, a home energy storage system can also save money on household electricity because it can balance the electricity load.

For lithium battery manufacturers, there are also huge business opportunities in the home energy storage market. Some data show that by 2025, the size of the home energy storage market will reach 70GWh, according to the lithium-ion battery installation cost of $345/kWh, lithium-ion battery home energy storage system market value of about $20 billion.

More notably, in this market segment, there is no possibility of other energy storage technologies to compete, 48V lithium solar battery is expected to dominate the home energy storage market.

Lithium-ion battery products are falling in price in the direction that every family can afford, which will drive home energy storage to become a daily form of household electricity consumption around the world.

Through the research and development of energy storage technology and product innovation, combined with clean power generation technologies such as solar energy, to promote 48V lithium battery energy storage technology gradually replace the gasoline and diesel generators used on a large scale in homes, outdoor and other occasions.

Compared with lead-acid batteries, 48v lithium solar battery has the advantages of small size, light weight, strong temperature adaptability, high charging and discharging efficiency, safety and stability, long service life, energy saving and environmental protection.

As a leading lithium-ion battery manufacturer in China, BSLBATT has also launched several 48V lithium solar battery energy storage solutions specifically for home needs one after another. For example, the most popular 48V Powerwall battery and 48V rackmount battery for 2021 combine smart and secure energy management features with a modern design designed to complement self-generated energy systems such as rooftop PV.

BSLBATT 48V Solar Battery Bank System Product Advantages:

● 10 years long service life;

● Modular design, small size and light weight;

● Front operation, front wiring, easy to install and maintain;

● One key switch, more convenient operation;

● Suitable for long-term charge/discharge cycle;

● Safety certification: TUV, CE, TLC, UN38.3, UL1973, etc;

● Support high current charging and discharging: 100A (1C) charging and discharging;

● High performance processor with dual CPUs for high reliability;

● Multiple communication interfaces: RS485, RS232, CAN;

● Adopt multi-level energy management;

● Highly compatible BMS, seamlessly connected with energy storage inverter;

● Multiple parallel machines, automatic address acquisition, no manual operation.

48V solar batteries adapt to the design of a variety of industrial applications, home lithium battery energy storage market potential is huge, energy storage lithium technology continues to mature, with the continuous progress of lithium batteries and other energy storage products, as well as the continuous improvement of various national policies, BSLBATT will have more and more better home lithium battery products to ordinary households, to improve people's quality of life.