
There are many options for energy storage. These include Lithium-ion batteries, thermal energy storage systems and Supercapacitors. Each one has its own advantages and disadvantages. You can read this article to learn more about different energy storage devices. Find out how these devices are beneficial to your solar power storage.
Lithium ion battery
Lithium-ion battery systems have a number of benefits. They are able to provide backup power at a lower cost than traditional battery systems, and they can be installed virtually anywhere. Their small size makes them easy to use and affordable. Lithium-ion batteries systems were responsible for more than 80 percent of the new energy storage capacity that was installed in 2015.
Lithium-ion batteries are extremely long-lasting. They can withstand 5000 cycles and sometimes even 10 years. Because of their energy density, lithium batteries can be installed in hard-to-reach areas, including in a solar panel. But lithium batteries are heavy and need to be installed carefully.

Storage systems for thermal energy
Thermal energy storage systems are a popular method for storing solar energy in buildings. They offer several benefits over traditional heat pumps, and can be used to store heat for a variety of applications. Some of these uses include heating, cooling, and ventilation systems. The thermal energy storage system can also be used as a way to connect district heating networks to waste heat systems.
The ideal solution to problems related to thermal energy is thermal energy storage systems. They simplify the user experience, reduce engineering risks and provide easy monitoring. This type is ideal for both contractors as well as facility operators. They can also maintain the correct amount of coolant in a building’s circulating loop. This allows for faster startup and a lower level of system downtime. It also increases system performance.
Ultra batteries
Ultra batteries are used for solar energy storage. They can address short-term energy shortages. These batteries are used to store excess electricity from renewable sources, and release it when there's a demand for it. This allows the overall system operate at a higher efficiency. PNM is an electric utility located in New Mexico that has integrated Ultra battery technology into its solar energy generation farm. Prosperity's project is the largest combination ever of solar panels and storage batteries in the United States.
UltraBattery technology solves this problem by absorbing energy from the electricity grid and shifting it to more efficient modes of operation. It can also reduce power spikes by shifting energy and smoothing out intermittent output. The system monitors the intermittent renewable source and responds immediately to variations in solar or wind signals. It can absorb excess power or release it to grid, ensuring consistent power.

Supercapacitors
Supercapacitors can be described as a battery that has an extremely high energy density. They can quickly recharge and provide peak power supply. These can be used to store solar power, which is needed to balance solar array's output with load energy. They can also serve as a buffer for reactive compensation to stabilize grid voltage.
Supercapacitors are excellent options for solar energy storage. These high-energy, large-capacity battery can store solar electricity for days or even years. These batteries have a high energy density which is an advantage for applications where power is scarce. They can also be used to store energy on a solar panel in low-activity periods.