1Q 2021

Analyst Insight: Reliability and Resilience Needs Drive Increased Distributed Solar Plus Storage

Energy Storage Tracker Insights

Increased frequency of floods, wildfires, hurricanes, and other environmental catastrophes have forced energy customers around the globe to reconsider the resilience and reliability of existing energy infrastructure. Although renewable energy sources can mitigate the worst effects of climate change by reducing future emissions, their intermittency throughout the day and seasons does not provide a reliable stream of energy without storage capabilities. Transitioning from a centralized energy source to a network of distributed energy resources (DER) can provide lifesaving power and heat when the grid fails. Distributed solar plus storage is a trifecta of clean, reliable, and resilient energy that can serve residential, commercial, industrial, and off-grid/remote customers around the globe.

The most concentrated markets for distributed solar plus storage are North America, Western Europe, and Asia Pacific. There has been minimal activity in the distributed market throughout most of Latin America and the Middle East & Africa due to the limited number of active vendors, nascent business models, costs, and prohibitive electricity prices and rate structures.

This Guidehouse Insights Analyst Insight report provides an overview of the market including market inflection trends, market drivers and barriers, global energy storage market forecasts, regional market analysis of energy storage capacity, and key recommendations for stakeholders in the energy storage industry. The report covers data from the Energy Storage Tracker released in 4Q 2020.

Pages 12
Tables | Charts | Figures 4
  • What are leading market trends in the distributed solar plus storage market?
  • Which markets are leading in distributed energy storage by region?
  • Which states have the most distributed solar resources? Which are poised for growth?
  • What are recent announcements from solar plus storage projects?
  • How much behind the meter (BTM) storage project capacity is implemented, planned, and in active development by region?
  • Energy storage technology vendors
  • Smart grid controls and software companies
  • Energy engineering, procurement, and construction (EPC) firms
  • Inverter companies
  • Solar financing companies
  • Utilities
  • Investor community



Executive Summary

Market Inflection Trends

Market Drivers and Barriers

Recent Announcements

Regional Market Overview

Key Recommendations

Acronyms and Resources


  • Distributed-Scale Energy Storage Industry Growth Potential, World Markets
  • Market Drivers and Barriers
  • Residential, Commercial, Industrial, and Institutional BTM Storage Projects by Status, Select World Markets: 2020
  • Solar Plus Storage Recent Announcements