Category: Energy Storage
Recent news headlines confirm the momentum and growth of energy storage especially in the residential market. For example, residential installations of battery storage beat commercial installations in Q1 of 2018, 15.9 MW to 11.7 MW (almost beat utility-scale installations at 16 MW). The traditionally tiny residential sector rose 3,833 percent year-over-year and is further expected to benefit from friendly policies in California, Hawaii and most recently in New York.
The federal tax credits for home Solar was a major reason for the explosive adoption growth of the residential solar industry. In fact, solar installations have grown by over 1,600% since the federal solar tax credit was implemented in 2006 – that’s a compound annual growth rate of 76%. The next act of this renewable energy saga focuses on the residential energy storage market. With multiple states already announcing tax incentives for the insulation and adoption of home energy storage it is only a matter of time before federal incentives follow. This talk will cover and dive deep into recent technologies and innovations in the residential energy storage space. The presentation will help identify exciting, quick and simple energy storage opportunities for consumers and solar installers.
The presenter will draw on his two decades of experience in consumer products and enterprise solutions spanning multiple continents. He will share insights he gained while working in Fortune 100 companies such as Apple, Oracle and HP and innovative startups funded by top venture capitalists including Sequoia capital and Kleiner Perkins. Additional insights will come from his experience as CEO at Inergy, a next generation energy storage startup in the Rocky Mountains.
This presentation is a must-attend-session for those that want to understand the recent innovations and opportunities in the residential energy storage market. If you are an end-user, solar installer or participant in the energy storage ecosystem such as utilities, aggregators or manufactures of smart home and energy solutions then you cannot miss this session.
Sean Luangrath– CEO, Inergy Solar