US Energy Storage Industry Sees First-Quarter Investments Double and New Partnerships Emerge

By [email protected] The American energy storage sector kicked off 2016 with a marked increase in corporate investments, according to GTM Research and the Energy Storage Association’s latest U.S. Energy Storage Monitor. First-quarter investments of $79 million marked an increase of more than double compared to the same period last year. Of that money, $20 million came as project financing.

It’s worth noting that with a relatively small number of disclosed deals each year (39 in 2014 and 32 in 2015), a few big investments can significantly sway the quarterly tally. The largest of the 11 disclosed deals from Q1 2016, the Series C

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