US Storage Market Hits Speed Bump in Q2, But Residential Sector Shines

By [email protected] Coming off record storage installations in the first quarter of 2019, the U.S. market slowed substantially in Q2, although the long-term picture remains unchanged.

After delivering an all-time best of 149 megawatts in Q1, deployments dropped almost in half to 76 megawatts in the subsequent quarter. Slow activity in the utility-scale and commercial and industrial markets hampered growth.

At the same time, the residential market had its best quarter ever, according to the new Energy Storage Monitor from Wood Mackenzie and the Energy Storage Association.

The overall quarterly slump does not change the propulsive growth trajectory the storage industry will follow in the

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