- Eric Rüland has become the new managing director of German inverter and battery storage firm RCT Power
- He moves from RENA Technologies where he worked for more than 3 years
- Rüland brings with him significant experience in the field of solar energy having worked in various upstream companies
Germany headquartered battery energy storage firm RCT Power has hired a new Managing Director. Eric Rüland has moved to the company from leading wet-chemical technology provider to the solar industry, RENA Technologies.
At RENA, Rüland worked for over 3 years as its vice president product management, with a focused view of market and technology trends, mostly in the semiconductor field. Before that, he was the director sales and marketing for German optoelectronics company Jenoptik.
Rüland brings plenty of solar experience to RCT Power. Previously, he worked with GP Solar, now part of ISRA Vision, where he worked for 14 years, and which he headed as MD, among other positions. The company deals in high quality inspection systems, special consumables and technological consulting in solar and semiconductors. He also worked in the field of solar inverters in 2022, and before that at BIPV module maker Pilkington / Flabeg Solar.
Rüland will now be heading power inverter and battery storage solutions supplier RCT Power that had about 3% market share of residential PV energy storage systems in all of Europe in 2021, according to EUPD Research.
As Germany and the rest of Europe has geared up its solar expansion to become energy independent from Russia in the short term as it moves to climate neutrality in the long run, the role of residential battery storage is only gaining in importance on the continent. In its latest report European Market Outlook For Residential Battery Storage 2022-2026, SolarPower Europe said in Dec. 2022, that the R-BESS market more than doubled to 2.3 GWh in 2021, led by Germany that accounted for 59% market share thanks also to the presence of several storage system assemblers here. At the end of 2022, R-BESS cumulative installed capacity is expected to grow to 9.3 GWh in Europe. Under its medium scenario, by 2026-end the report expects more than 300% growth in total operational R-BESS capacity growing to 32.2 GWh with 3.9 million solar and storage homes (see High Energy Prices Driving Residential Battery Demand In Europe).