SACE | Southern Alliance for Clean Energy

Spurred by innovators like Tesla, the energy storage business is growing fast


“The new U.S. Energy Storage Monitor reports that 40.7 megawatts of energy storage were deployed in the second quarter of this year. To put that number in context, during the same period last year, fewer than five megawatts were deployed… projections suggest that the interest will only grow in the coming quarters. The report predicts a total of 220 megawatts of energy storage will be deployed in 2015, making it the biggest year yet for energy storage. And by 2019, the authors predict that number will jump to 858 megawatts.”

Originally published on September 2, 2015.