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Home - Energy Storage - US companies want to install more than 3 GWh of battery storage – SPE
Energy Storage

US companies want to install more than 3 GWh of battery storage – SPE

solarenergyBy solarenergyNovember 21, 2024No Comments1 Min Read
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Technology companies are the dominant ones investing in solar energy and energy storage as demand for electricity soars to keep pace with data center growth.

November 21, 2024
Anne Fischer

By ESS news

With electricity demand rising and solar prices falling, U.S. companies are investing in record levels of solar and energy storage to power their operations and offset their emissions.

The Ninth Annual “Solar Means Business” reportnoted that U.S. companies had reported more than 3 GWh of contracted battery energy storage through the first quarter of 2024, which is expected to come online in 2029.

Source: Solar Means Business, SEIA

The document also reported that companies’ use of energy storage exceeded 1.8 GWh and that companies had added almost 40 GW of solar generation capacity.

To read further, visit our ESS news website.

This content is copyrighted and may not be reused. If you would like to collaborate with us and reuse some of our content, please contact: editors@pv-magazine.com.

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See also  IEA predicts more than 4,000 GW of new solar energy by 2030 – SPE
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