Europe's home storage market explodes? CTS has new solutions

In 2022, the Russian-Ukrainian conflict exacerbated Europe's energy crisis, gas prices remained high, residential electricity prices were rising, and the European home storage market exploded on a massive scale. By the end of 2023, the average price in the spot market of the European Power Exchange will be around €130/MWh. However, at the beginning of 2024, the European electricity spot price once exceeded 300 EUR/MWh, equivalent to RMB 2.2-2.7 Yuan/kWh.

According to relevant data, from 2021 onwards, the annual European home storage installation of about 1GW/2GWh, a year-on-year growth of 56%/72%, but at present the European home PV distribution and storage penetration rate is actually still less than 10%. Combined with the encouragement of local policies, the European home storage market will have an extremely considerable growth space.

At the time of energy change in Europe, CTS is willing to provide more families with economical, efficient and stable clean energy. Among them, single-phase hybrid inverter is one of the "star products" of CTS. It has IEC/EN62109-1/-2, IEC/EN62477-1, IEC61727/62116/6168, and recently passed the EU EN61000-6-1, EN61000-6-3 new standard EMC certification, UK G98, G99 and Italy CEI0-21 grid connection certification, product reliability and safety. The reliability and safety of the products are recognised by the industry's authoritative third-party institutions, with a good foundation for large-scale and standardised production, and can become the preferred choice for the majority of European home storage users.

Friendly and flexible is the highlight of CTS inverter. It supports parallel connection of multiple machines and accepts simultaneous inputs from PV, battery, diesel, grid and load, which is suitable for self-generation and self-consumption, peak shaving and valley filling, backup power and other home application environments.

CTS 51100-200 battery, safe and affordable, suitable for 10+ kWh applications:

The CTS Rack Mounted Lithium Battery batteries represent a versatile battery system suitable for a wide range of applications, whether it be for domestic use, optimising self-consumption, managing charging stations or performing multiple functions simultaneously. One of the main advantages of this range is its modularity. Depending on the energy requirements, cells can be added or removed. This scalability ensures that the system can be adapted to changing requirements, offering unrivalled flexibility. Not only is it designed to operate in emergency mode, it ensures reliable power even during network outages. It combines sophisticated design with cost optimisation to provide superior cost-effectiveness without compromising on quality or efficiency.

Diversifying options for more home users in a variety of scenarios. At a time when the European home storage market is booming, CTS always believes that the only way to seize the high ground in the market and construct a new advantage for the enterprise is to have the power of ever-advancing technology and ever-improving customer service.