Energy storage developers have an opportunity to prove the benefits of storage systems compared to fossil fuel technologies in what will be one of the fastest energy storage procurements in history pending in California, according to industry commentators and analysts.
Another period of growth in US energy storage was enjoyed in the first quarter of 2016, up by 127% year-over-year compared to the equivalent period in 2015, GTM Research has found.
The California Public Utilities Commission (CPUC) has issued a landmark resolution that requires a major utility to procure energy storage capacity as quickly as possible.
Tesla is predicting it could sell more stationary storage to SolarCity during 2016 than was deployed in the entire behind-the-meter segment of the US market last year, according to analysis by GTM Research.
US analysis firm GTM Research has published the latest commentary to highlight significant potential in Australia for energy storage, driven by the success of its PV industry.
The deployment of energy storage in the US is set to triple in 2015 compared to 2014, according to a new report by GTM Research and the Energy Storage Association (ESA).
