US Energy Storage Market Sees Record 3,512 MWh Deployed in Q1 2024, Up 89% YoY

US Energy Storage Market Sees Record 3,512 MWh Deployed in Q1 2024, Up 89% YoY
US Energy Storage Market Sees Record 3,512 MWh Deployed in Q1 2024, Up 89% YoY

The U.S. energy storage market set a first-quarter record for capacity installed in Q1 2024, with 1,265 MW/3,512 MWh deployed across all segments. This marks the highest storage capacity installed in the U.S. in the first quarter, representing an 89% increase from Q1 2023. In Q1, 993 MW/2,952 MWh of energy storage capacity was deployed in the grid-scale segment, up 101% year-over-year, with Nevada, Texas, and California accounting for 90% of the MW and MWh capacity, according to the latest…
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Source: https://www.mercomindia.com/us-energy-storage-market-deployed-in-q1-2024-up-89-yoy