WoodMac: Biggest US Battery Build-Out Ever in Q3

By [email protected] The U.S. energy storage industry smashed its quarterly installation record with an influx of major projects in the third quarter.

The industry had just broken records in the second quarter, but it beat that period’s performance by 240 percent, installing 476 megawatts, according to the Energy Storage Monitor out Wednesday from Wood Mackenzie and the Energy Storage Association.

The growth came in spite of the coronavirus fallout, which slammed the broader economy and conventional energy companies in particular. But this did not stop a growing number of states from deciding that the ability to store electricity and release it on demand will

Read Full Article Here

For more great articles: Greentech Media: Headlines

(Visited 4 times, 1 visits today)

Comments

comments



© 2014 RenewaNews