Are energy storage systems in demand?

Energy storage systems are increasingly in demand to increase the effectiveness of solar power arrays, with the Energy Information Administration estimating in February that new utility-scale electric-generating capacity on the U.S. power grid will hit a record in 2025 after a 30% increase over the prior year.

Is lithium ion the future of stationary energy storage?

The second gap involved technology. "I didn't believe lithium ion was the future of stationary energy storage," Michaelson says, referring to fixed-location energy storage systems for homes, businesses, and industrial facilities—distinct from mobile applications like electric vehicles. The third gap went deeper than business fundamentals.

Which country has the most solar PV installations in 2024?

While already leading in Europe in terms of total installed capacity, Germany also topped the ranking in terms of solar PV expansion in 2024, according to consultancy Rystad Energy. By April 2025, the country had passed the “milestone” of five million PV installations.

Why did affiliate Energy Group invest in the Sun Company?

Kim Eaves, president of Affiliate Energy Group, invested specifically for the technology's practical benefits: "I chose to invest in The Sun Company and The BESSt Company because their technology directly tackles the demand charges and peak power costs that have long burdened my customers.

How many terawatt hours does solar power produce in 2024?

However, the country’s solar PV systems fed 74 terawatt hours (TWh) of electricity into the grid in 2024, accounting for a 14.9 percent share of total electricity production. Meanwhile, solar power’s global share in power generation stood at about 4.5 percent in 2022, according to the International Energy Agency (IEA).

Is Bloom Energy a good energy storage stock?

Bloom Energy is one of the smaller picks on this list, but it may be the most dynamic energy storage stock out there. It specializes in advanced fuel cell energy platforms, which use a proprietary solid oxide technology to convert natural gas, biogas or hydrogen into electricity with low or even zero carbon emissions.