Featured in Gaining Traction – 02-2022

To be ‘the battery’

Another year has passed, with 2021 seeing significant growth for residential storage globally, up 30%. Germany and Japan are the world’s leading markets, followed by the rest of Europe, the US, and Australia. Factors driving residential storage around the world include high power prices and power outage backup.
Julia Chen, Global Director, BYD Battery-Box. | Image: BYD

Another year has passed, with 2021 seeing significant growth for residential storage globally, up 30%. Germany and Japan are the world’s leading markets, followed by the rest of Europe, the US, and Australia. Factors driving residential storage around the world include high power prices and power outage backup.The global pandemic is persisting, along with its …

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