Summary: The year 2017 marked a turning point for energy storage systems, with significant advancements in technology adoption across renewable energy integration and grid management. This article explores key growth drivers, market data, and lasting impacts of this transformative period.

Why 2017 Became a Breakthrough Year for Energy Storage

Global energy storage capacity surged by 48% year-over-year in 2017, driven by three critical factors:

  • Falling lithium-ion battery prices (33% drop from 2015 levels)
  • Policy support in 23 countries for renewable integration
  • Utility-scale project deployments increasing by 62%

"2017 wasn''t just growth—it was the year storage stopped being an experiment and became infrastructure." - Global Energy Storage Report 2018

Market Expansion by Sector

Sector 2016 Capacity (MW) 2017 Capacity (MW) Growth
Utility-Scale 1,420 2,302 62%
Commercial 385 597 55%
Residential 210 398 89%

Technological Milestones Achieved

Three breakthroughs defined the year:

  • 4-hour storage systems became commercially viable
  • First 100MW+ solar-plus-storage projects commissioned
  • Flow battery installations tripled in microgrid applications

Manufacturers improved energy density by 17% compared to 2015 models while reducing per-kWh costs. This dual progress created what analysts called the "storage sweet spot" – systems that could deliver both capacity and cost-effectiveness.

Regional Growth Leaders

  • Asia-Pacific: 52% of global installations
  • North America: 28% market share
  • Europe: 15% growth led by Germany and Italy

Lasting Impacts on Modern Energy Systems

The 2017 surge established crucial precedents:

  1. Grid operators began formal storage procurement processes
  2. Solar+storage became default for new renewable projects
  3. First standardized performance warranties emerged

Pro Tip: Many 2017-installed systems are now approaching upgrade cycles – creating opportunities for capacity expansions and technology retrofits.

FAQs: 2017 Energy Storage Growth

What caused the sudden price drop in batteries?

Scale economies from electric vehicle production and improved cathode chemistry drove lithium-ion cost reductions.

Were all technologies equally successful?

While lithium-ion dominated (83% of new installations), flow batteries and compressed air systems gained niche traction.

How durable were these systems?

Most 2017-era systems maintained 80%+ capacity after 5 years of daily cycling.

Energy Storage Solutions Provider

Since 2010, we''ve delivered customized energy storage systems for:

  • Grid-scale frequency regulation
  • Commercial peak shaving
  • Residential solar optimization

Contact our experts: 📞 +86 138 1658 3346 📧 [email protected]

From project developers to grid operators, understanding 2017''s storage boom provides crucial context for today''s energy transition challenges. The technological foundations laid during this pivotal year continue shaping how we store and manage clean energy in the 2020s.

Previous:Why Astana Lithium Iron Phosphate Battery Packs Are Leading the Energy Storage RevolutionNext:Critical Voltage of the Inverter Key Concepts and Industry Applications

More Articles

Service Offerings

SOLAR CN specializes in providing comprehensive, one - stop services for global customers, covering a wide range of PV energy storage equipment, to meet diverse energy needs in different application scenarios.

About Us

SOLAR CN, a leading player in the field of exporting PV energy storage equipment, has profound industry experience and excellent innovation capabilities. We always adhere to a professional and dedicated attitude to create high - quality products and services for global customers.

Our Core Values

Quality First, Innovation - Driven, Win - win Cooperation, Green Development.

Our team consists of elites from multiple fields such as PV, energy storage, electrical engineering, and international trade. With their solid professional knowledge and rich practical experience, they continuously strive in product R & D, production process improvement, market expansion, and customer service, aiming to promote the continuous development and leading position of the company in the global PV energy storage market.

Our Development Goal

To become one of the most influential PV energy storage equipment suppliers globally. Through continuous innovation and optimization of products and services, we aim to contribute to the global energy structure transformation and build a cleaner and more sustainable energy ecosystem.

Meet Our Core Team

The members of our core team are all industry elites with profound expertise and rich experience in their respective fields. They play key roles at different levels of the company, jointly driving the steady progress of SOLAR CN.

Products

Solutions

SOLAR CN, leveraging its cutting - edge technology and extensive know - how, presents a wide range of customized PV energy storage solutions to global clients. We take a deep dive into clients' current energy situations, future development requirements, and budget limitations to craft the most fitting strategies. This empowers clients to enhance their energy management and attain sustainable development objectives.

Contact Us

If you're interested in our PV energy storage products or solutions, feel free to reach out to us at any time. Our professional team is dedicated to serving you, answering your queries, and providing detailed product information and expert advice.

Our Locations

SOLAR CN has service centers in multiple regions worldwide to ensure prompt response to customer needs. Our Shanghai branch in China serves as a key business hub, catering to the global market. No matter where you are, you can easily get in touch with us.

Follow Us on Social Media

By following our social media accounts, you'll be the first to know about the latest product updates, industry news, and cutting - edge PV energy storage technologies. Engage with us and discuss the future of the PV energy storage industry together.

Leave Us a Message