Tesla CTO: Bulk Energy Storage Will Grow Much Faster Than People Expect

At the standing-room-only opening keynote at Intersolar 2015, all the talk was on the future of solar and how energy storage was helping to pave the way for greater adoption of it. Dr. Eicke R. Weber, the director of the Fraunhofer Institute for Solar Energy Systems (ISE) opened the show outlining the great progress that solar has made in the past two years by stabilizing supply and demand. “Therefore in 2016, 17, 18 you will see production capacity and the market catch up, which means we should not expect further falling prices for PV modules,” he said, adding “You can expect stable prices and maybe even some modest increases.”