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

SolarEdge Technologies - Solar Inverters, Power Optimizers and PV Monitoring

SolarEdge Technologies - Solar Inverters, Power Optimizers and PV Monitoring

The SolarEdge PV inverter combines sophisticated digital control technology with efficient power conversion architecture to achieve superior solar power harvesting and best-in-class reliability. The fixed-voltage technology ensures the solar inverter is always working at its optimal input voltage over a wider range of string lengths and regardless of environmental conditions. A proprietary data monitoring receiver has been integrated into the inverter and aggregates the power optimizer performance data from each PV module. This data can be transmitted to the web and accessed via the SolarEdge Monitoring Portal for performance analysis, fault detection and troubleshooting of PV systems.