Power-One, part of the ABB Group, is introducing a residential energy storage solution for the UK market. The energy storage system, called Renewable Energy Accumulator and Conversion Technology (REACT), will be available in 2014.
It will feature a 4.6kW single-phase grid connected Power-One inverter and a 2kWh lithium-ion battery.
The system is for use with home PV panels to capitalise on energy storage as feed-in tariffs are reduced over the coming years.
“PV energy has to be available upon demand, since its feed-in to the grid is no longer worthwhile,” Paolo Casini, VP of Marketing, said.
“With REACT we enable homeowners and landlords to adjust energy production and consumption with their needs, helping them to increase self-consumption and save money on their energy bills with the energy storage solution.”