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Advancement of Solar-Powered World Through Lithium Batteries-Know-How?
by Avadhesh Sharma SEO AnalystThe transformation of lives across the glove through the off-grid solar industries is simply impeccable and worth mentioning. Within a decade, the industry has offered access to cheap and clean electricity to a whopping 245 million individuals globally. As per, GOGLA’s Global Off-Grid Solar Market Report the affiliates of IFC Lighting Global has been able to sell 42 million items since the last decade.
And because some 840 million individuals continue to survive sans electricity, the off-grid solar product is expected to thrive in the future.
The Off-Grid Solar Products and How Are They Helping?
The off-grid solar products include a photovoltaic module, which not only gets the energy generated but is also a battery to have the energy stored and offer power on-demand for the user. No wonder why the batteries are an essential aspect of the off-grid solar industry.
The Rising Popularity of Lithium Batteries in the Off-Grid Solar Market
The off-grid solar market is ruled over by two individual battery technology. Solar lithium battery which is used for small products, and has contributed a huge sales volume to the industry. However, the bigger items such as the solar home appliances have been taking power from the lead-acid batteries, but this is rapidly changing.
Since 2010, the solar lithium battery manufacturers are offering lithium-ion batteries at 85% slacked down prices, thanks to the significant rise of the electric vehicle market and the investments doled out by Tesla and more.
The Shift of Solar Lithium Battery Prices
Although the solar-lithium batteries were sold at $176/kWh back in 2018, the manufacturers of off-grid solar products did not have the scale and buying volume to avail this level of price, and henceforth purchasing packs of batteries from solar lithium battery suppliers for $250/kWh and beyond.
The development of efficacious lighting and appliances has enabled photovoltaic modules and batteries to dwindle, both in cost and size, whilst offering the same energy levels to its customers.
Other Reasons Behind Solar Lithium Batteries’ Ubiquitousness
The other major reasons for solar lithium batteries becoming more prevalent in off-grid solar products are their benefits in deep discharge potentiality, life cycle, durability followed by efficiency when compared with nickel-metal hydride batteries and lead-acid batteries. Finally, the batteries serve as the key role of off-grid solar products and bring a massive impact on customer satisfaction.
Because the off-grid solar products are operated in isolated regions, with restricted access to the technicians and replacing items, only solar lithium batteries with better durability and life cycle can bring about a considerable difference in the customer experience.
The use of reliable solar lithium batteries is paving way for the development of highly-efficient company appliances that are built for use in off-grid contexts. These appliances are highly-efficient radios, refrigerators, TVs, fans, and more. An in-depth understanding of the solar lithium battery is also allowing organizations to introduce budget-friendly and top-quality solar options to off-grid users while delivering the best customer experience.
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About Avadhesh Sharma 
SEO Analyst
153 connections, 0 recommendations, 505 honor points.Joined APSense since, October 18th, 2019, From Delhi, India.
Created on Jan 23rd 2021 02:00. Viewed 274 times.
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