Why Home Energy Storage System Market Is in Demand Since Years? Study Trends, Opportunities, Key-Players and Forecasts Till 2023
Home energy storage system stores electricity locally, for consumption later. Batteries are the heart of their system, typically lithium-ion or lead-acid, and intelligent software. An energy storage technology are downstream relatives of battery-based grid energy storage and support the concept of distributed generation. When paired with on-site generation, they can support an off-the-grid lifestyle.
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