
There are many types of energy storage on the market. These include Lithium ion batteries, Thermal energy storage systems, Supercapacitors, and Ultra batteries. Each type has its pros and cons. You can read this article to learn more about different energy storage devices. Learn how these devices can benefit your solar energy storage.
Lithium ion battery
Lithium-ion battery systems have a number of benefits. They can provide backup power at lower costs than traditional battery system, and they are easily installed anywhere. Their small size also makes them cost-efficient and widely available. 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 up to 5000 cycles. Some cases even last for 10 years. Because lithium batteries have high energy density, they can be installed in places that are hard to reach such as in solar panels. However, lithium batteries are heavy and require careful installation.

Storage of thermal energy
A popular method of storing solar energy is thermal energy storage. They offer several benefits over traditional heat pumps, and can be used to store heat for a variety of applications. They can be used for cooling, heating, or ventilation. You can also use thermal energy storage to combine district heating networks with heat from waste systems.
The ideal solution to problems related to thermal energy is thermal energy storage systems. They provide a simplified user experience, lower engineering risks, and easy monitoring. This energy storage solution is great for both contractors and facility managers. They help to maintain the proper amount of coolant inside a building's circulating loop. This allows for quicker startup, less system downtime and better system performance.
Ultra batteries
Ultra batteries for solar power storage can address short-term solar energy inequalities. These batteries can store excess energy generated from renewable resources and then release it when there is a peak demand. This makes the system more efficient. PNM is an electric utility located in New Mexico that has integrated Ultra battery technology into its solar energy generation farm. Prosperity is the largest combination solar panels/battery storage 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 smoothen out intermittent output and shift energy to prevent power spikes. The system monitors the intermittent renewable source and responds immediately to variations in solar or wind signals. The system is able to absorb excess energy and release it to ensure that the power supply is always reliable.

Supercapacitors
Supercapacitors can be described as a battery that has an extremely high energy density. These batteries can deliver peak power within a very short time and quickly recharge. These can be used to store solar power, which is needed to balance solar array's output with load energy. They also act as a buffer to prevent reactive power compensation from affecting the voltage of the grid.
Supercapacitors make a great choice in the field of solar energy storage. These batteries store solar energy for a long time, even years. Their high energy density is a great benefit for applications where the power demand is low. You can use them to store power in a solar cell during periods of low activity.