Where there is new energy there is energy storage and, when you add a potential multi-billion dollar incentive, the industry’s major players are sure to turn out in force.
That is why this year’s Intersolar North America conference was one of the biggest to date— with around 18,000 visitors from more than 80 countries flocking to California.
Delegates heard how the US market is on pace to add up to 8.5 GW of solar in 2015, and solar-plus-storage is expected to reach $3.1 billion by 2020.
This year an extra 88% of exhibition space was dedicated to storage companies, allowing 521 exhibitors to showcase their latest products
Echoing trends from the exhibition floor, all five energy storage sessions saw panelists speaking to packed rooms, proving confidence, or at least interest, is being piqued.
This year the conference also hosted sessions featuring solar and energy storage startups at the ‘speed-dating for solar’ startup focused Growth Company Circle event.
With uncertainty over the future of solar-friendly legislation an entire session was also dedicated to the federal investment tax credit (ITC), which is due to expire at the end of 2016. Information on Intersolar and CALSEIA’s campaign can be found online.
The numbers:
- More than 18,000 visitors
- 80+ countries were represented at the event, up from last year
- 521 exhibitors were featured on the exhibition floor
- The electrical energy storage exhibition segment grew 88%
- Balance of systems exhibition floor space grew 12%