After record year, U.S. energy storage forecasted to break 1 GW capacity mark in 2019

Peter Maloney  for UtilityDive:  The U.S. energy storage market put in a strong showing in 2015 with its “best quarter and best year of all time,” according to the GTM/ESA report. And current market trends point toward continued strong growth.

The recent extension of the federal Investment Tax Credit, and new guidelines under consideration at the Internal Revenue Service are expected to further boost energy storage and the pairing of storage with renewable resources.

In the fourth quarter alone, the U.S. deployed 112 MW of storage capacity, representing more than the total of all storage deployments in 2013 and 2014 combined.

For the full year, 221 MW (161 MWh) of storage was installed. In 2014 65 MW (86 MWh) of storage was installed in the U.S.  Cont'd...

Comments (0)

This post does not have any comments. Be the first to leave a comment below.


Post A Comment

You must be logged in before you can post a comment. Login now.

Featured Product

Tile Replacement Mount from Quick Mount PV

Tile Replacement Mount from Quick Mount PV

The Tile Replacement Mount provides a fast and easy way to install solar on tile roofs while protecting against water intrusion. Simply remove the tile and replace it with the Tile Replacement Mount. Works with all standard curved and flat tile roofs, and all standard rail-based racking systems. Flashed at both the deck and top levels, the mount is fully engineered to meet code requirements and industry best practices. The Tile Replacement Mount features Quick Mount PV's patented Elevated Water Seal technology for optimal waterproofing. Get a free sample and see for yourself!