sonnen to invest €80m to install home storage systems to 20,000 homes in Italy

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In the coming 24 months, the newly founded Energy Alliance Italia plans to equip 20,000 households in Italy with a PV system and power storage unit that will be linked to a decentralized energy community.

The Alliance includes companies such as Supersolar, Smile Energy, CDNE, Rex Energy and Sky NRG among others, and that 20,000 figure represents one-third of the currently installed home PV batteries in Germany, which is the biggest residential storage market in Europe.

Giorgio Mattaliano Belforti, chief executive of Energy Alliance Italia, in a statement issued by Germany’s sonnen – which will supply the batteries – said: “Italy has outstanding conditions to become a leading European market for energy storage and electricity sharing […] Our alliance is an important cornerstone in forming a deep strategic partnership between Italy’s leading installers and sonnen, securing the best technology and production capacity.”

Over the past three years the German market for solar batteries has evolved to complement its 1.6 million solar roof panel systems, the power output of which has been sold to public grids at generously subsidized prices.

Although the practice is due to be phased out, the installation of batteries will allow households with solar panels to generate electricity for themselves during periods without sunshine and at times of high demand.

Growing consumer concern about rising energy prices, alongside the falls in the cost of solar panels and batteries is allowing sonnen to capitalize on consumer interest, making off-grid power generation a more financially attractive option than the traditional way of purchasing electricity.

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