GoodWe Eyes Potential of Europe’s C&I Storage Market

GoodWe Eyes Potential of Europe’s C&I Storage Market

Ron Shen, Vice President of GoodWe, recently shared the company’s strategies and insights at The Smarter E Europe event in Munich. GoodWe is focusing on the fast-growing commercial and industrial (C&I) storage segment in Europe, which offers promising opportunities despite challenges in the residential market.

Key Highlights:

• Dynamic Electricity Tariffs: These tariffs are transforming Europe’s C&I storage landscape, creating new opportunities for businesses.
• Growth Expectations: GoodWe plans to install 3,000 to 4,000 C&I storage systems in Europe over the next year, with exponential growth anticipated in the coming years.
• Market Demand: The primary demand comes from Germany, the Netherlands, Sweden, Poland, and Eastern Europe.
• Cost-Saving Potential: Businesses can save costs by buying power at low prices and using it when prices rise.
• Standardization: GoodWe is standardizing C&I storage products to reduce costs and simplify installation.
• Virtual Power Plants: Development of virtual power plants and EV charging solutions offers new revenue streams.
• Secured Supply Chains: Strategic partnerships with key semiconductor suppliers ensure a stable supply of power semiconductors, safeguarding against future disruptions.

For more details on GoodWe's market strategies and future plans, visit pv magazine's full interview.

Reference:

• PV Magazine (2024, July 9). GoodWe eyes potential of Europe’s C&I storage market. Pv Magazine International. https://www.pv-magazine.com/2024/07/09/goodwe-eyes-potential-of-europes-ci-storage-market/

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