Siemens enters home storage market

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Siemens enters home storage market

February 22, 2019 Anand Gupta

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German industrial conglomerate Siemens AG today announced the market rollout of a battery storage solution for private homes.

The lithium-ion battery, called Junelight Smart Battery, is intended to complement self-generated energy systems like rooftop photovoltaic (PV) panels.

The storage capacity allows for modular expansion. Up to six battery units with a net capacity of 3.3 kWh each can be fitted for a maximum storage of about 19.8 kWh.

The battery also comes with a software that coordinates the predictive charging and discharging procedures depending on the weather-related yield forecast of the photovoltaic system and the individual consumption profile of the household.

The Junelight Smart Battery is now available in Germany and will be launched in Austria in April 2019.

The release of the Siemens storage solutions comes on the heels of the announcement for another energy giant foray into the energy storage market – Shell’s purchase of German home battery pioneer Sonnen.