As the renewable energy industry matures, the need for smart energy control systems continues to emerge. This is one theme that the two Intersolars are showcasing this year. Intersolar Europe, which took place in Munich June 22-24 saw 1,000+ exhibitors out of which 350 were in the energy storage industry. Intersolar North America, which takes place July 11-14 in San Francisco will welcome solar and energy storage companies from across the globe and offer educational workshops on all topics related to smart energy.
The solar market is booming worldwide. The Global Market Outlook 2016–2020 report by SolarPower Europe, which was unveiled at the EU show and on a recent REW webcast, indicated that by the end of 2015, a total of 229 gigawatts (GW) of photovoltaic (PV) capacity had been installed worldwide, which equates to a 45-fold growth in just ten years. What’s more, the association predicts that this amount could rise to 700 GW by 2020.
The energy storage market, likewise, is growing exponentially. According to Navigant Research, global new installed energy storage systems for renewable energy integration (ESRI) power capacity is expected to grow from 196.2 MW in 2015 to 12.7 GW in 2025.
In order to take full advantage of energy storage and solar, smart energy management systems are necessary. Indeed, the digitalization of the energy sector is the next major milestone on the road to a global energy transition. The primary aim of energy management is to effectively integrate renewable energies into the grid in order to match supply and demand in an intelligent way.
Renewable Energy World will be collecting data about software and hardware energy management systems at Intersolar North America – stay tuned for articles to follow the show. In addition, PennWell’s PowerToday will be broadcasting live at Intersolar North America and the show’s host Cassie Haley will be conducting video interviews with industry leaders at the show.
All work and no play makes for a very dull show. To bring some levity to the event, Renewable Energy World will be hosting a ping-pong tournament on the exhibit floor at Intersolar North America. Interested companies can request a spot in the bracket at this link. The tournament winner will receive $5,000 in advertising credit with the publication.
Highlights from the EU show be viewed in the video below.