The Authoritative List of Residential Energy Storage Manufacturers
As the residential energy storage market heats up and continues to solve key challenges for renewable energy mix goals, it’s worth noting who are the key manufacturers making these home energy storage batteries and systems. They come from a wide area of backgrounds, from automotive to solar to aerospace and industrial. Here is an authoritative list of the key residential energy storage manufacturers, in no particular order:
- Lockheed Martin
- LG Chem
- SMA Solar
Panasonic (OTC: PCRFY)
Building on its experience in solar, Panasonic is offering end-to-end energy solutions that target the renewables market and that includes custom battery solutions for residential. Its residential energy solution is targeted at helping its customers generate and store 100% clean power.
BMW (ETR: BMW)
Leveraging its major investments in battery technology through its i3 electric vehicle line-up, BMW repositions these i3 batteries for residential energy storage solutions. Given its recent industrial energy storage implementation with the UK national energy grid, it would seem that BMW residential energy storage systems may be poised to be part of the push to use residential energy to balance energy grids.
Tesla (NASDAQ: TSLA)
Another company with a globally-recognized brand in electric vehicles and battery technology, Tesla serves the residential energy storage market with its PowerWall product.
Sunrun (NASDAQ: RUN)
Sunrun is primarily a solar company that has partnered with LG Chem, another manufacturer on this list, to develop its own branded Sunrun Brightbox product.
Orison bills itself as a ‘plug-and-play‘ residential energy storage solution. It began life as a Kickstarter project.
Lockheed Martin (NYSE: LMT)
A company more associated with large industrial, aerospace and defense solutions, Lockheed Martin has made a strong push into industrial energy storage and has expressed an intention to address residential energy storage as well.
Leclanche (SWX: LECN)
The home energy storage system from Leclanche targets solar and comes in a range of storage capacities. Its PowerPack solution advertises itself as being 30% more efficient that traditional home energy storage solutions due to its using the latest lithium-ion technologies.
Caterpillar (NYSE: CAT)
Another company more associated with large industrial solutions, Caterpillar is targeting home energy solutions with its MicroGrid products, which include home energy storage.
LG Chem (OTC: LGCLF)
The residential energy storage offering of LG Chem is called RESU and fits within its Energy Storage System (ESS) line of products.
Eos Energy Storage (PRIVATE)
Eos is a startup that targets the production of lower-cost energy storage solutions. To date it has mostly attracted larger utility customers but has listed residential markets as a target for its products.
The sonnenBatterie bills itself as more than just a home battery but rather an intelligent energy system that adjusts energy usage within households where it’s installed.
Eguana (CVE: EGT)
Eguana has a range of energy storage solutions that include residential and leverage batteries from LG Chem, another manufacturer on this list.
SMA Solar (ETR: S92)
As the name suggests, SMA Solar is primarily a solar solution provider that provides home energy storage as part of that overall solution to its customers.
Siemens (ETR: SIE)
A very recent entrant into the market, Siemens announced on Feb 21, 2019 that it is entering the residential energy storage market with its Junelight Smart Battery, a lithium-ion battery.
Pika is a home energy storage system that leverages batteries from Panasonic, another manufacturer on this list.
Whether you are looking for residential energy storage manufacturers to invest in or buy, this list should get you started. And let us know in the comments if we missed any and we’ll be happy to update this list.