According to media reports, the European photovoltaic industry In the most recent annual market forecast, the European Housing Market Report Association will continue to show an upward trend and accelerate growth, with economic and non-industry related reports reaching 400% during the reporting period.
By 2025, the total capacity of battery energy storage systems in European residential deployments will reach 12.8GWh. Driven by environmental demands, Germany is Europe's largest home energy storage and market. Residential users with a solar-plus-electric system had two-thirds less power problems than those without a deployment. One, it costs €0.122 ($0.137)/kWh.
About 60% of solar residential electricity generation in Germany is deployed with charging systems, and electricity prices are a direct factor driving this trend. In the past 20 years, the cumulative number of residential energy storage systems deployed in Europe has reached 100,000, with a total energy storage capacity of more than 3GWh.